What's Behind the Sudden Oil Price Spike?

Oil topped $100 a barrel as the Middle East conflict entered its second week, driven by supply fears that have rattled markets. The surge heightens near-term inflation and growth headwinds, likely benefiting energy names while pressuring consumers and cyclical sectors.

Analysis

Oil topped $100 a barrel as the Middle East conflict entered its second week, driven by supply fears that have rattled markets. The surge heightens near-term inflation and growth headwinds, likely benefiting energy names while pressuring consumers and cyclical sectors.