Oil at $100? Will oil prices hit a century this summer as a global shortage takes hold?

Oil prices surged above $90 a barrel due to military tensions between Israel and Iran, compounded by global supply shocks. Mexico cutting crude exports and other disruptions are intensifying fears of inflation. This supply crunch is turbocharging an oil rally, potentially pushing Brent crude to $100, impacting global economies and Biden's reelection chances.
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