Brent Crude Barrels Toward $100 as Hormuz Stays Constrained — SkimNews
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- Brent crude is barreling back toward $100 a barrel as supply disruptions and Hormuz constraints tighten the market.
- Rising oil prices are weighing on equities, with Dow futures sinking and stocks dented by inflation risk, while Reuters flags the puzzle that supply disruptions haven't yet pushed oil above $100.
Why it matters: Rising oil is already denting stocks, with Dow futures sinking on the move. Reuters highlights the gap between the supply disruption and where prices actually are — this rally brings the $100 threshold and the inflation-risk narrative it triggers back into focus for central banks and consumers.
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