Brent Crude Oil news & analysis

Brent crude is the leading global benchmark for oil prices, quoted in US dollars per barrel.

What's driving Brent now

Renewed US military strikes against Iran and escalating diplomatic tensions are keeping the Middle East conflict in focus, a key factor for oil markets given the region's role in global production. The conflict has already cost an estimated $37.5 billion, with further strikes and defense funding requests signaling no immediate de-escalation. This ongoing geopolitical risk continues to underpin supply concerns for Brent crude.

Updated 1 hr. ago

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