Brent Crude Surges Above $105 After 16 Consecutive Hours of Gains

Brent crude oil has reportedly risen for 16 consecutive hours, extending its rally by approximately 5% and pushing prices above $105 per barrel.
The sustained advance highlights strong upward momentum in global oil markets, with traders closely monitoring supply risks and geopolitical developments.
Higher crude prices could increase pressure on transportation costs, energy-sensitive industries and inflation expectations if the rally continues.