Ever wonder why your gas prices fluctuate or why inflation hits your wallet? The price of Brent crude oil is a major factor, and you'll learn how global events can surprisingly dictate its cost and your everyday expenses.
Brent crude oil prices are trending because recent global events, like conflicts in the Middle East, directly impact its supply and, consequently, its cost.
Major geopolitical tensions, such as those involving Iran or Red Sea shipping disruptions, can create uncertainty in oil production or transit routes.