EnergyHighReportedAccelerating
7.4
Brent nears $107 as Hormuz supply risk persists, second day of gains
Capital.grLO·IR · AE · SA·2 days ago
Brent crude rose 0.82% to $103.43, with the December contract near $97, suggesting a potential drop below $100 on Thursday. The lack of diplomatic progress in the Middle East underpins prices, though the market remains cautious. The move reflects persistent supply risk premium amid unresolved tensions.