Oil prices rise above $100 as Brent exceeds $108
Oil prices have climbed sharply, with WTI moving above $100 and Brent above $108 per barrel. The increase is accompanied by higher bond yields and pressure on global equities.
By DoomRadar · Published on DoomRadar .
Why it matters
A substantial energy-price shock could intensify inflation, raise borrowing costs and increase household fuel costs.
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