NewsBrent oil is back above $100.

Brent oil is back above $100.

Brent oil is back above $100.

22.04.2026 00:00

Following the breakdown of the ceasefire talks in Pakistan by the US and Iran, the price of Brent crude oil rose by approximately 6%, surpassing $100 per barrel again.

The breakdown of ceasefire negotiations between the US and Iran in Pakistan has sent shockwaves through global energy markets. As the parties walked away from the table, concerns over supply security in the Strait of Hormuz intensified, with the price of Brent crude gaining approximately 6% in value in just one day.

BRENT CRUDE AT THE $100 LEVEL

Following this tension, oil prices have once again risen above the psychological threshold of $100 per barrel. Market experts warn that the blockage of diplomatic channels could trigger a new wave of inflation in the global economy and that fuel costs are likely to remain high in the short term.

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