Brent crude futures face renewed upside pressure as analysts warn that prices could climb back above $100 per barrel if current supply disruptions worsen.
The projection comes from Igor Yushkov, an expert at the Russian Presidential Academy of National Economy and Public Administration, who cited ongoing market volatility and geopolitical tensions as key drivers for a potential price surge.
The warning underscores the fragility of the global oil market, which has already seen significant repricing in recent weeks.
Brent crude recently retreated to pre-war lows as shipping through the Strait of Hormuz normalized, but the latest analysis suggests that this calm may be temporary.
Traders are increasingly focused on the risk of renewed disruptions in critical energy corridors, which could quickly tighten supply and push prices higher.
Market participants are closely monitoring geopolitical developments in the Middle East, where tensions have previously triggered sharp rallies in energy prices.