US-Iran War: Brent Surges Past $100 As West Asia War Sends Markets Into Panic
Global oil markets are in turmoil as the war in West Asia intensifies, sending Brent Crude soaring back above $100 a barrel. Prices jumped more than nine percent in a single session as fears grow that the conflict could disrupt critical energy routes. Analysts warn that escalating tensions near the Strait of Hormuz, the world’s most vital oil chokepoint, could trigger further shocks to global energy supplies and financial markets.
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