Investors Bet Oil Still Has Room to Run After Touching $100

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Investors Bet Oil Still Has Room to Run After Touching $100
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Traders are positioning for the bull market in commodities to carry on

Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation across the U.S. economy. Photo illustration: Todd JohnsonCrude prices swung sharply and

for the first time in about eight years after Russian airstrikes hit Ukraine and threatened to disrupt the movement of oil and other materials from the region.

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