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Brent Crude Surges Above $100 Amid Iran Conflict Disruptions

Brent crude oil prices closed above $100 per barrel for the first time since 2022, driven by supply disruptions caused by the ongoing war involving Iran and its impact on shipping through the Strait of Hormuz. This escalation highlights growing geopolitical tensions affecting global energy markets.
Date: 12.03.2026  |  Source: FOR-EX.NEWS

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Upcoming Important Events

Time Country Event Forecast Previous
13.03.2026
07:00 🇬🇧 Gross Domestic Product MoM (Jan) 0.2 0.1
11:30 🇺🇸 Gross Domestic Product QoQ (Q3) 1.4 4.3
12:30 🇺🇸 Core PCE Price Index MoM (Jan) 0.4 0.4
12:30 🇺🇸 Durable Goods Orders MoM (Jan) 1.2 -1.4
12:30 🇺🇸 GDP Growth Rate QoQ (Q4) 1.4 4.4
12:30 🇺🇸 Gross Domestic Product QoQ (Q3) 1.4 4.3
12:30 🇺🇸 Gross Domestic Product QoQ (Q4) 1.4 1.4
12:30 🇺🇸 Personal Income MoM (Jan) 0.5 0.3
12:30 🇺🇸 Personal Spending MoM (Jan) 0.3 0.4
12:30 🇨🇦 Unemployment Rate (Feb) 6.6 6.5