Oil prices surge as Middle East ceasefire unravels; Brent climbs toward $100

Brent crude surged toward $96 as Middle East ceasefire agreements collapsed on Monday

Renewed naval standoffs in the Strait of Hormuz triggered immediate global supply fears

Oil benchmarks jumped over 5% following a weekend of significant military escalation

Analysts warn of triple-digit prices if the critical maritime blockade continues this week

Oil prices surge as Middle East ceasefire unravels; Brent climbs toward $100

Brent crude surged toward $96 as Middle East ceasefire agreements collapsed on Monday

Renewed naval standoffs in the Strait of Hormuz triggered immediate global supply fears

Oil benchmarks jumped over 5% following a weekend of significant military escalation

Analysts warn of triple-digit prices if the critical maritime blockade continues this week

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