#BrentCrudeTops$100
Brent just crossed $100. The number is psychological, but the risk behind it is real.
Brent crude has pushed back above $100 a barrel, reaching around $100.9 today, its highest level in more than six weeks. The move is being driven by escalating U.S.-Iran tensions, attacks around Gulf energy infrastructure and growing concerns over oil flows through the region.
What interests me is not simply the $100 headline. Oil is now becoming a macro signal. Higher energy costs can feed directly into inflation, bond yields and expectations for interest rates, while putting pressure on risk assets.
Markets often price fear before the real damage appears.
The question now is not whether oil can touch $100. It is how long the world can absorb it above $100.
#Oil #markets #Macro
Brent just crossed $100. The number is psychological, but the risk behind it is real.
Brent crude has pushed back above $100 a barrel, reaching around $100.9 today, its highest level in more than six weeks. The move is being driven by escalating U.S.-Iran tensions, attacks around Gulf energy infrastructure and growing concerns over oil flows through the region.
What interests me is not simply the $100 headline. Oil is now becoming a macro signal. Higher energy costs can feed directly into inflation, bond yields and expectations for interest rates, while putting pressure on risk assets.
Markets often price fear before the real damage appears.
The question now is not whether oil can touch $100. It is how long the world can absorb it above $100.
#Oil #markets #Macro