Brent crude hits $100 due to multiple supply disruptions, Javier Blas notes

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Brent crude jumps to $100 on supply disruptions

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23.07.2026

Brent crude hits $100 due to multiple supply disruptions, Javier Blas notes — Brent crude jumps to $100 on supply disruptions

Javier Blas, energy and commodities columnist, journalist, author at Bloomberg, reports that Brent crude oil has reached $100 a barrel for the first time in two months.

The price surge is attributed to simultaneous supply disruptions in the Persian Gulf, Red Sea, and Black Sea.

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Earlier this year, Chinese trader Unipec offered North Sea crude at its largest discount to Brent since April 2020 amid a pause in Beijing's oil purchases, according to Blas’s report on the discounted sale. In a separate story, he covered how Danish authorities ended a major 2023 market manipulation case involving energy traders in Aarhus, as summarized in the market manipulation case. These recent developments highlight significant shifts in both pricing and regulatory landscape within the energy sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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