Oil Breaches $100 as Iran War Escalates; Diesel Hits $6; Gold Tumbles on Fed Hike Bets

Oil has reclaimed the triple-digit mark for the first time since July, with Brent crude surging past $101 a barrel after Iran claimed to have attacked 10 ships near the Strait of Hormuz in retaliation for the U.S. sinking five Iranian tankers. The U.S. denied its vessels were hit, but the escalation has turned the world's most critical energy chokepoint into an active war zone. With roughly **20% of global oil and...