The global energy sector experienced a massive shock today as U.S. crude oil prices officially surged past the $100 per barrel milestone. Financial markets are reacting intensely to escalating military conflicts and drone attacks targeting commercial shipping vessels near the strategic Strait of Hormuz. Energy economists warn that sustained prices above this threshold will inevitably intensify global inflationary pressures, directly forcing central banks to maintain elevated interest rates and altering supply chain logistics for multinational corporations worldwide.
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