Brent crude closed above $100 a barrel for the second consecutive session, reaching its highest level in more than three years. The benchmark oil price settled at a record high as the conflict in the Middle East continues to disrupt global energy markets. This marks a significant milestone for the oil industry, with prices breaching the psychologically important $100 threshold.

World leaders are struggling to address what the source calls the biggest disruption to the oil market in history. The ongoing Middle East conflict has created supply concerns that are driving prices higher. Traders and investors are closely watching the situation as geopolitical tensions threaten to further constrain oil supplies from the region.

The sustained rally above $100 represents a major shift in the energy landscape. With Brent crude now trading at multi-year highs, energy companies and consumers alike are feeling the impact. The price surge could have far-reaching consequences for inflation, transportation costs, and economic growth worldwide.