Brent crude briefly topped $100 per barrel on the 13th day of the war, despite fresh US efforts to curb oil prices. President Donald Trump and Iran's new supreme leader both struck defiant tones, offering little relief to energy markets already under pressure from the ongoing conflict.

Energy traders watched closely as geopolitical tensions between Washington and Tehran intensified, with both leaders refusing to back down. The standoff has kept crude prices elevated, with Brent crude briefly breaching the psychologically important $100 mark. Market analysts had hoped for diplomatic breakthroughs that could ease supply concerns, but the continued hostilities dashed those expectations.

The lack of diplomatic progress comes as energy markets remain volatile, with traders weighing the potential for further supply disruptions in the Middle East. Despite US attempts to stabilize prices through diplomatic channels, the market appears to be pricing in continued uncertainty, with oil futures showing little sign of retreating from current highs.