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Brent Crude Closes Above $100 for Second Straight Session

Bloomberg Markets
Friday, March 13, 2026 at 7:01 PM
~4 min read
Energy

Original Report

Brent crude settled above $100 a barrel for the second straight session, ending the day at the highest level in more than three years as the conflict in the Middle East drags on and world leaders...

Brent crude settled above $100 a barrel for the second straight session, ending the day at the highest level in more than three years as the conflict in the Middle East drags on and world leaders struggle to resolve the biggest disruption to the oil market in history.

Glass House Analysis

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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