Why isn't oil above $100 despite supply disruptions?

Global oil benchmark Brent crude has rallied this month but stayed below $100 a barrel despite recent escalation in the US-Iran conflict that has disrupted Gulf exports from the Strait of Hormuz and the Red Sea. #News #Reuters #Newsfeed #oil #brent #crudeoil #straitofhormuz #iran #iranwar #usiranwar Read the story here: https://reut.rs/3SSCYzt 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: …

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