Oil Price Today (March 19): Crude oil rockets to $112 as US, Israel-Iran war target energy infra. Can prices hit $150?

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U.S. crude futures rose more than 3% to $99.39 per barrel. Natural gas prices climbed over 5%, while Brent crude touched $111.19 in early trade and extended gains by another 4% this morning to $112 per barrel, moving closer to the initial war peak of $120.