Brent tops $100 on Middle East escalation; Goldman, JPMorgan see upside

Brent crude has crossed $100 per barrel for the first time since the escalation of the Middle East conflict, driven by fears of prolonged supply disruptions. Goldman Sachs and JPMorgan have issued price forecasts suggesting further upside, though the exact trajectory remains uncertain. The move signals heightened geopolitical risk premium in oil markets, with potential knock-on effects for global inflation and growth.