Cena ropy Brent przekroczyła 100 dolarów, dwa kluczowe punkty energetyczne są jednocześnie zagrożone, a niepewność dotycząca ceł dodatkowo zakłóca globalne łańcuchy dostaw.

⑴ Brent crude oil futures have broken through $100 per barrel for the first time since May, while European natural gas prices have simultaneously reached their highest level since March. Investors are focusing on the actual extent of disruption to oil and gas supplies from the Middle East, particularly on the operational status of two key energy transport bottlenecks.⑵ Attacks by Houthi militants may render the Bab-el-Mandeb Strait impassable, further threatening this energy transport route that ultimately leads to the Strait of Hormuz. With both strategic choke points facing risk, the market is being forced to reprice the energy security premium.⑶ A US-Iran peace agreement remains distant, and investors tracking the situation in the Gulf must also absorb additional uncertainty stemming from trade policy. The United States is imposing new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union, adding fresh volatility to an already strained global supply chain.