Story perspectives

Brent Crude Surpasses $100 Amid Supply Disruption Fears

3/13/2026

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Summary

Story summary

On March 13, 2026, Brent crude surpassed $100 per barrel as disruptions in Strait of Hormuz threatened supply.
The move reflects heightened market anxiety about crude supply.
The United States eased sanctions, allowing sale of Russian oil already at sea, marking a policy shift.
The ongoing Middle East conflict threatens the largest oil-supply disruption in history.
Markets declined, with stock indices down and interest-rate pressures rising, complicating central banks' policies.

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Story summary

On March 13, 2026, Brent crude surpassed $100 per barrel as disruptions in Strait of Hormuz threatened supply.
The move reflects heightened market anxiety about crude supply.
The United States eased sanctions, allowing sale of Russian oil already at sea, marking a policy shift.
The ongoing Middle East conflict threatens the largest oil-supply disruption in history.
Markets declined, with stock indices down and interest-rate pressures rising, complicating central banks' policies.