Tanker attacks and Hormuz threat push oil toward $100

Fresh attacks on tankers and the possibility of further navigation restrictions in the Strait of Hormuz have escalated supply risks, driving oil prices closer to $100 per barrel. The market is pricing in a higher probability of disruption to a critical chokepoint, though actual restrictions remain unconfirmed. This raises the risk of an inflation shock and negative growth impact if the strait is significantly constrained.