Brent crude exceeds $100 per barrel

The price of Brent crude rose above $100 per barrel for the first time since July 2026, amid growing concerns about disruptions to global oil supplies. These concerns are driven by ongoing tensions in the Middle East, attacks on energy facilities, and threats to shipping routes—particularly the Strait of Hormuz, one of the most critical passages for oil transportation in the world. This increase reflects mounting fears of supply disruptions and a rise in risk premiums in the markets.

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