Oil markets hit three-year highs amid Persian Gulf tensions.

Oil markets hit three-year highs amid Persian Gulf tensions. Brent crude settled above $100 per barrel for the first time since early 2022, signaling investor concerns about sustained supply disruptions. The surge reflects growing geopolitical risks in one of the world's most critical energy regions. Analysts warn that prolonged instability could keep prices elevated, pressuring global inflation and economic growth. Energy stocks and commodity-linked investments are responding to the upside, while consumers face potential increases at the pump and in heating costs. Market participants are closely monitoring developments in the region for any escalation that could further tighten supplies and push crude even higher.