Oil Crosses $100 as Traders Price In Supply Disruption Risk
Oil prices surged past $100 per barrel for the first time in four years as traders bet that escalating Middle East conflict will disrupt global supply for weeks. This isn't about what's happened yet—it's about what markets fear is coming, and that fear alone is now reshaping energy costs worldwide.
Bottom Line
Oil crossing $100 matters not because of what's happened, but because markets are now pricing in weeks of potential Middle East supply disruption. That fear itself drives real costs throughout the economy, even if the disruption never fully materializes. The key variable is duration—a week at $100 is noise, but a month starts to matter for household budgets and inflation trends.
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