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Brent crude prices maintained levels above $100 per barrel as recent security incidents and attacks on oil tankers intensified fears over critical supply disruptions. Geopolitical tensions across vital maritime transit corridors have added a substantial risk premium to international oil markets, complicating the global supply outlook. Energy traders are closely watching how shipping risks and elevated maritime insurance costs impact physical trade flows. A sustained price above $100 per barrel renews broader economic worries regarding energy-driven inflation, potentially forcing major energy-importing economies to face rising fuel and transportation costs. In the coming sessions, market players will focus on defensive military measures, OPEC supply announcements, and international freight route stability. Continued threats to maritime transportation could sustain the current geopolitical risk premium, pushing oil volatility higher in the short term.
