Brent Crude Climbs Above $100 as Middle East Supply Risks Persist

Brent crude oil has risen above $100 per barrel as continuing tensions in the Middle East keep potential supply disruptions at the center of energy market concerns.
The region plays a major role in global oil production and transportation. Any prolonged interruption to exports or key shipping routes could tighten supply and increase costs for refiners and consumers.
Higher crude prices may also complicate the inflation outlook, particularly for economies heavily dependent on imported energy. Sustained price increases could influence expectations for central bank policy.
The market remains sensitive to developments affecting regional production, shipping security and diplomatic negotiations. The duration of the rally will depend partly on whether the perceived supply risks translate into actual disruptions.