Brent Holds Near $114 a Barrel as Middle East Tensions Rage On

Brent holds near $114 a barrel as Middle East tensions rage on

U.S. Navy escorts Maersk vessel ​through Hormuz

Brent Holds Above $113 As Oil Shock Threatens Inflation And Crypto Liquidity

Brent crude is holding above $113 per barrel, keeping the global economy exposed to a fresh inflation shock just as traders are trying to price a recovery in risk assets. Market analyst Axel Adler Jr. flagged the pressure in a post on X, warning that the global economy could soon feel the consequences through faster inflation, higher costs, and weaker growth. The warning landed as live oil data continued to show Brent in the $113 zone, with Trad…

Brent Near $114 as Middle East Conflict Continues

Brent crude futures retreated on Tuesday but held near $114 a barrel following fresh hostilities in the Middle East, while investors monitored developments in the U.S.-Israeli conflict with Iran.The U.S. and Iran launched new attacks in the…