EnergyHighReportedAccelerating
7.4
Brent nears $107 as Hormuz supply risk persists, second day of gains
Capital.grLO·IR · AE · SA·1 day ago
Brent crude rose to $103.3/bbl on Wednesday, partially recovering from a sharp drop the prior day, with traders still pricing in Middle East supply risk. The move reflects ongoing geopolitical uncertainty rather than a fundamental shift in balances. Directional impact is modest and ambiguous given the rebound follows a selloff.