Brent Is Heading Towards $100 a Barrel

The escalation of the conflict in the Middle East is driving oil prices higher. Brent’s rally is heightening the risk of accelerating inflation and forcing the Fed to raise interest rates. The US dollar has soared to two-week highs thanks to strong macroeconomic data, ‘hawkish’ comments from FOMC officials, rising Treasury yields and higher oil […] The post Brent Is Heading Towards $100 a Barrel appeared first on ActionForex.