Brent Crude Futures Hold Above $100 as Middle East Conflict Extends
Geopolitical conflict in the Middle East continues to keep global energy supply tight heading into 2027, with ICE Brent crude contracts trading above $100 per barrel. Investors and central bankers face sustained inflationary pressures as tanker attacks and refinery strikes limit fuel recovery.
Energy supply constraints and sustained crude prices above $84 to $102 per barrel keep volatility elevated across global commodities and related equities.