The move puts the global oil benchmark back into triple digits, a level closely watched by traders for its inflation and broader market implications.
Brent crude oil moved above $100 per barrel, pushing the international oil benchmark back into triple-digit territory. The brief update provides no further detail on timing, catalysts, or how long prices remained above that level, but the threshold is widely monitored because higher oil prices can feed into inflation expectations and affect energy-sensitive assets across global markets.