Report
Middle East energy shock drives oil volatility above $100 as Hormuz tensions persist
Iran-linked disruptions and shipping risks have pressured oil flows, pushing Brent crude to $98–$101 amid mixed reports on resilience. US Secretary of State Marco Rubio stated Iran has "lost complete control" of the Strait, yet uncertainty remains about sustained flows and geopolitical escalation.
TLDR
Oil near or above $100 threatens global inflation and growth, creating ripple effects across currencies and equity markets. The disruption directly impacts global energy security and macroeconomic stability, making it a key thread linking geopolitics to real-time market moves.
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