Brent Crude Climbs as Gulf Escalation Deepens With No Ceiling in Sight
🛢️ MARKETS — Prices rising on escalation signals a floor, not a spike. 📌 LOOK CLOSER: With Hormuz near-closed and SPR at 1983 lows, each new escalation leg removes the ceiling from crude pricing. Markets aren't reacting to a single event — they're repricing structural supply loss. Every Gulf state now absorbing Iranian ordnance adds sovereign risk premium. The question is no longer if $100 breaks — it's what stops it there.
