Brent Crude Prices Surge Past $100 Amid Middle East Tensions

Brent crude oil prices climbed above $100 per barrel as escalating military hostilities in the Middle East threaten critical global supply routes and energy infrastructure.

The market volatility follows a brief spike to $99.46 on Tuesday, driven by fears of supply disruptions as major powers enforce naval blockades and retaliatory strikes in the region.

Analysts warn that the closure of key transit points and ongoing geopolitical instability are putting sustained upward pressure on oil prices, further complicating global energy supply chains.