Crude oil's recent surge near $100 a barrel raises inflation worries, prompting central banks globally to assess potential impacts on interest-rate policies.

Oil prices crossed $100 as Middle East tensions, Houthi attacks, and Red Sea shipping risks raised fears of global supply disruption and inflation.

Oil has topped $100 a barrel for the first time in two months, as a fresh escalation of the Middle East conflict threatens a further squeeze on global oil supplies.

Oil prices near $100 raise inflation concerns for central banks. New all-time high by December 31 at 14.5% YES.