Brent crude oil rises above $108 per barrel, up 6.71% intraday

The price of Brent crude oil surged past $108 per barrel, with an intraday increase of 6.71%. As one of the key global benchmarks for oil pricing, significant fluctuations in Brent crude prices often create a chain reaction across the global energy market, transportation costs, and the inflation levels of many countries. Moving forward, its price trends will be jointly affected by international supply and demand dynamics, changes in geopolitical situations, and other factors.