BRENT CRUDE HITS $110 A BARREL FOR FIRST TIME SINCE MAY

What happened: Brent crude reached $110 a barrel for the first time since May, driven by supply disruption concerns and escalating geopolitical tensions. Key numbers: Brent gained 3.7% in the session. Crude is up more than 70% this year. European diesel futures have more than doubled this year. Why it matters: Attacks on Saudi Arabia and on Russian and Ukrainian energy infrastructure have raised doubts about near-term supply relief. US lawmakers moved to block a proposed release of Russian diesel, and analysts warn Persian Gulf hostilities could intensify. Coverage: 6 outlets in 24h

Brent crude reaching $110 signals a major commodity price milestone not seen since May.

Brent crude reaching $110 signals a major commodity price milestone not seen since May. — impact context not separately stored; see What changed.