The Market Mindset — Brent crude oil futures have climbed above the critical $100 per barrel level as continued disruptions to shipping traffic through the Strait of Hormuz raise fresh concerns about global energy supply stability. The narrow waterway, which handles approximately 20% of global oil shipments, has seen increased military activity and vessel rerouting, creating a supply chain bottleneck that's pushing prices higher. Energy analysts warn that sustained tensions in the region could lead to prolonged price volatility and potential shortages in energy-dependent economies.