After the Iranian strike.. Will the price of a barrel of oil jump above $100?

Analysts said on Sunday that oil prices are expected to rise tomorrow, Monday, after the attack launched by Iran on Israel, but recording further gains may depend on how Israel and the West choose to respond.

Fears of Iran’s response to the attack on its embassy compound in Damascus actually boosted oil prices last week, and contributed to the rise in the price of global benchmark Brent crude on Friday to $92.18 per barrel, the highest level since last October.

The price of oil at settlement on Friday rose 71 cents to $90.45, while US West Texas Intermediate crude futures rose 64 cents to $85.66. Trading is suspended today, Sunday. (Al Jazeera)