The price of oil returned to triple digits in US dollars, as conflict in the Middle East threatens supply chains and puts a strain on global reserves.

Reality bites.

LONDON, Sept 3 : Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies.Brent crude futures were up 59 cents, or 0.62 per cent, at $96.22 a barrel by 1327 GMT while U.S. West Texas Intermediate crude futures

LONDON, Sept 3 : Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies.Brent crude futures were up 59 cents, or 0.62 per cent, at $96.22 a barrel by 1327 GMT while U.S. West Texas Intermediate crude futures