Crude holding near $100 with Brent at $100 and WTI around $89 — the G7's ~100M barrel reserve release is the only thing capping it. Aramco's CEO says rebuilding depleted inventories could take two yea

What happened: Crude oil hovered near USD 100 a barrel as markets weighed recovering Middle East exports against attacks on tankers and energy infrastructure, especially around the Strait of Hormuz. Key numbers: Brent around USD 100 a barrel; WTI near USD 89; G7 agreed to release around 100 million barrels of crude and refined products; Saudi Why it matters: The reserve release has eased immediate shortage fears and capped prices, but executives warn volatility may persist. For India, sustained prices near or above USD 100 could raise the import bill, pressure the rupee and lift inflation.

Crude near $100 amid Middle East tensions keeping global oil prices on edge.

Crude near $100 amid Middle East tensions keeping global oil prices on edge. — impact context not separately stored; see What changed.