Brent crude has climbed above $100 a barrel as intensifying conflict in the Middle East raises fears of supply disruptions. The surge reflects concerns that attacks, shipping risks, or a wider regional escalation could threaten vital oil routes and production facilities. Higher prices are likely to increase fuel costs and add to inflationary pressures in economies already facing uncertainty. Investors are watching diplomatic efforts closely, while governments weigh emergency measures to protect energy supplies and limit further market volatility worldwide.
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