The Story
News Summary
- Escalating Middle East conflicts and shipping disruptions in the Red Sea and Strait of Hormuz have pushed Brent and WTI crude past $100 per barrel.
- Analysts warn prices could reach $120, reigniting global inflation pressures and forcing expectations of widespread central bank interest rate hikes.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
104.61
+64.07% over the displayed period
Advisor Snapshot
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