Live, rolling coverage of business, economics and financial markets as traders fear attacks from Yemen and Iran creating ‘two-chokepoint problem’

On Tuesday, oil prices surged nearly two percent amid escalating tensions between the United States and Iran. The situation was further complicated by threats from Yemens Houthis…

Oil prices rise 2% amid escalating risks in Hormuz and the Red Sea as US strikes on Iran continue.

Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U.S. and Iran have sparked fears of supply…

Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U.S. and Iran have sparked fears of supply…

Oil prices jumped nearly 4% as Houthis prepare to attack the Bab el-Mandeb Strait, threatening Saudi crude exports.

Oil prices rose to their highest in almost six weeks on Wednesday, with Brent crude surpassing $95 a barrel, on mounting concerns about disruptions to Middle Eastern supply routes…

Oil prices hit a 6-week high amid US-Iran tensions. New all-time high by December 31 at 15.5% YES.

The attack on ships in the Red Sea threatened to expand the conflict and severely impact global oil supplies already hobbled by the blockade of the Strait of Hormuz.

July 23 : Oil prices rose more than 1.5 per cent to their highest in more than six weeks on Thursday, with the United States launching a new round of strikes on Iran and Yemen's…

Oil prices rose more than 1.5% to their highest in more than six weeks on Thursday, with the United States launching a new round of strikes on Iran and Yemen’s Houthis targeting…

Brent crude futures rose $1.93, or 2% to $96 by 0011 GMT, the highest since June 8. It had settled over $3 higher at $94.07 in the previous session. | World News

Crude oil futures traded higher on Thursday morning following reports of attacks by the Iran-backed Houthis on ships in the Red Sea.

US attacks on Iranian targets continued for 12th straight night with no sign of let up in the conflict

Brent crude futures rose $2.2 or 2.3 percent, to $96.27

Houthi militant attack on Saudi Arabian tankers threatens deeper supply disruptions

Experts say oil prices are facing a rare risk from simultaneous disruptions at both the Bab el-Mandeb and the Strait of Hormuz. Read more at straitstimes.com. Read more at…

Oil prices climbed for a fifth straight session, with Brent surpassing $98 per barrel as Houthi attacks on Saudi-linked tankers heightened fears of supply disruptions through the…

Live, rolling coverage of business, economics and financial markets as traders fear attacks from Yemen and Iran creating ‘two-chokepoint problem’

A Saudi oil tanker was attacked in the Red Sea, pushing oil prices above $98. New all-time high by December 31 at 16.5% YES.

Brent oil nears $100 as prices surge 5% after Houthi attacks on Saudi tankers in the Red Sea, raising fears of a widening Middle East conflict