Oil Prices Top $100, Reigniting Inflation Fears and Delaying Rate Cuts

Global inflation fears have returned as oil prices surged above $100 a barrel, reviving concerns that higher energy costs could keep prices elevated and delay expected interest-rate cuts. Analysts say the risk is greatest if supply disruptions in the Middle East persist, because a prolonged oil shock could intensify inflation pressures and force central banks to stay tighter for longer. The shift has also unsettled markets, with investors increasingly worried that policymakers may need to prioritize inflation control over supporting weaker growth.