Brent Crude Surpasses $94 Per Barrel

Brent crude oil prices crossed the $94 per barrel threshold, reflecting continued market pressure from the ongoing Iran-Israel-US military conflict. The price milestone marks a significant escalation in energy market volatility as the conflict disrupts regional supply chains and shipping routes. The Strait of Hormuz, through which a significant portion of global oil trade passes, remains a focal point of concern for energy markets.