Saudi, Emirati oil prices reach record highs
The Russian invasion of Ukraine has led to historically high oil prices.
![The prices for gas and diesel fuel.](/sites/default/files/styles/article_hero_medium/public/2022-03/GettyImages-1238897236.jpeg?h=a5ae579a&itok=sMsgnAkL)
Oil prices across the Middle East and the world hit all-time highs again today.
The price of Brent crude oil, widely considered the global benchmark for oil prices, briefly traded above $139 a barrel overnight. This was the highest price since 2008.