Oil hits $101 per barrel as U.S. and Iran trade new strikes

Oil hits $101 per barrel as U.S. and Iran trade new strikes

The international benchmark for oil, Brent crude, topped $100 per barrel on Wednesday as new attacks flared up between the U.S. and Iran. CBS News' Ramy Inocencio reports and Matt Smith, director of commodity research at Kpler, joins with analysis.

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