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OIL ABOVE $115 SIGNALS SUPPLY DISRUPTION: STUDY

Construction Week

April 2026

Oil prices crossing $115 per barrel signal potential supply disruption risks amid escalating conflict in Gulf region.

OIL ABOVE $115 SIGNALS SUPPLY DISRUPTION: STUDY

Oil prices rising above $115 per barrel indicate a shift from logistics disruption to potential supply shock in global energy markets, according to analysis by GlobalData. Brent crude briefly approached $120 on 9 March 2026, its highest level in almost four years. The surge follows escalation in conflict in the Gulf region, increasing risks to production and export flows from major oil producers.

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Construction Week

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