Brent Near $100: Hormuz Risk Resets Oil Planning Assumptions
Brent crude is again pressing the $100-a-barrel zone as fighting across the Middle East intensifies and traders reprice the chance of a longer disruption to Gulf exports. For energy and industrial buyers, this is less a one-day spike and more a reminder that shipping risk, not just OPEC+ quotas, is setting the near-term price floor. […]