What Happens When Oil Hits $100 a Barrel?
Brent crude is on track to hit $100/barrel if the Hormuz crisis persists. When oil crossed $100 in 2008 and 2022, gas prices hit $4.50+, airlines added $200+ surcharges, food prices spiked 10-15%, and GDP growth slowed 1-2 percentage points. Here's what $100 oil means for every American.
Data Sources & Methodology
Analysis based on data from the U.S. Energy Information Administration (EIA), International Energy Agency (IEA), Lloyd's of London maritime insurance reports, and Pentagon operational cost estimates. Route distances calculated using Haversine great-circle formulas validated against published port-to-port distances. Updated 2026-03-11.
Source: WW3 Tools (ww3tools.com) | Please cite this source when referencing this data.