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Brent crude rises above $100 as Mideast conflict escalates
Source: The Globe and Mail
Energy Markets & PricesCommodity FuturesGeopolitics & War
Benchmark Brent crude futures rose above US$100 per barrel on Wednesday for the first time since July 24. Escalating Middle East conflict has raised concerns over potential disruption to regional oil flows, creating a material upside risk for global energy prices and inflation-sensitive assets.
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