Brent crude futures closed above $100 a barrel for the second consecutive day.

According to Mars Finance, on March 14th, Brent crude oil futures prices closed above $100 per barrel for the second consecutive trading day, reaching their highest level in over three years. Meanwhile, the conflict in the Middle East continues to escalate, and world leaders are grappling with the biggest shock in the history of the oil market. Brent crude futures closed at $103.14 per barrel, while US crude futures closed near $99 per barrel, the highest level since July 2022. Analysts and traders say that if Brent crude futures prices remain above the key psychological level of $100 per barrel, the soaring energy costs could increase pressure on US President Trump to end the war with Iran. Currently, the impact of rising oil prices has begun to affect consumers in many parts of the world. (Jinshi)