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Oil Surge Above $100 Sends Shockwaves Through Global Markets as Iran Conflict Escalates

Oil prices surged above $100 per barrel Monday as escalating conflict involving Iran disrupted global supply routes and heightened fears of a prolonged energy shock. The rapid rise in crude prices rattled equity markets and reignited inflation concerns, forcing investors to reassess sector exposure as energy stocks rallied while airlines, consumer companies, and technology shares faced renewed pressure.

Brent Crude Tops $92 as Iran-Strait of Hormuz Crisis Deepens, Oil Stocks Surge

Global oil benchmark Brent crude surged past $92 per barrel on Friday as the widening U.S.-Iran war has effectively halted commercial tanker traffic through the Strait of Hormuz, threatening roughly 20% of global daily oil consumption. Energy stocks are the sole bright spot in an otherwise battered U.S. equity market, with Exxon Mobil, Chevron, and Occidental Petroleum posting strong gains as analysts warn of $100-to-$150 oil scenarios.

Iran Closes Strait of Hormuz as U.S.-Israeli Strikes Deepen, Sending Oil to Eight-Month Highs

The Islamic Republic declared the Strait of Hormuz closed to all maritime traffic on Tuesday as U.S. and Israeli forces launched a fourth consecutive day of strikes, pushing Brent crude above $84 per barrel. The closure of the world's most critical oil chokepoint — through which roughly a third of global seaborne crude exports pass — has ignited fears of a prolonged supply shock and rattled equity markets worldwide.

U.S.-Iran Nuclear Talks Resume With No Deal, Lifting Oil While Markets Brace for Geopolitical Risk

Diplomatic talks between the United States and Iran over Tehran's nuclear program concluded in Geneva without a resolution, with technical-level discussions now scheduled to resume in Vienna next week. While the continuation of negotiations eased the most acute fears of an imminent military confrontation, analysts at Raymond James warned that a U.S. military operation against Iran remains likely at this stage, keeping crude oil elevated and energy stocks in focus.