Geopolitical Turmoil Fails to Push Oil Beyond $100: Economic Drag Persists

Despite escalating tensions in the Middle East, oil prices have remained stubbornly near the $100 per barrel mark. The worst-case scenario—a prolonged spike above that threshold—has been avoided, yet the global economy continues to grapple with inflationary pressures and sluggish growth. Analysts point to a delicate balance of supply concerns and weakening demand, with the conflict adding uncertainty but not triggering a full-blown price surge. The focus now shifts to how central banks and governments will navigate these headwinds in the months ahead.