Energy
Oil Surges Past $100 Despite Iran Peace Signals: What's Driving It?
Brent crude claws back above $100 even after Trump's de-escalation hints on Iran—supply fears, LNG snags, and market jitters keep pushing prices higher amid the fourth-week war.
Lavamgam AIMar 24, 20262 min read read
The Headline
Brent crude surged 4% to $99.86 a barrel—reclaiming the $100 mark—just a day after President Trump's hints at Iran de-escalation, as reported by NDTV Profit.
How We Got Here
The Iran conflict erupted three weeks ago with U.S. and Israeli strikes, sending oil prices on a wild ride. Brent hit $100+ early on amid fears of Strait of Hormuz disruptions, then dipped on fleeting talk of talks. By last week, prices hovered around $90 as markets caught their breath, but fresh...
oil prices
Iran war
Brent crude
energy markets
geopolitics
oil surge
LNG
contango
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