Brent crude surged 5% toward $100 a barrel after Houthi strikes on Saudi tankers in the Red Sea, raising inflation fears with implications for

Houthi attacks are expanding the Middle East conflict into the Red Sea, forcing tankers to reroute and pushing Brent above $91 amid growing fears of prolonged supply disruptions.

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 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 six-week highs after Houthi militants targeted Saudi tankers. New all-time high for crude oil by December 31 at 16.5% YES.

NEW YORK -- International benchmark Brent crude rose to the highest level in two months, reaching 100 U.S. dollars per barrel on Thursday morning after two Saudi oil tankers were…

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…

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

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

Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the group said on Thursday.

The price of Brent oil rose more than 5% to nearly $99 per barrel on Thursday morning.

Oil closed in on US$100 a barrel after Iran-backed Houthi militants said they attacked two Saudi Arabian tankers in the Red Sea. Read more.

The Iran-backed rebels said they had targeted two Saudi tankers, the Encelia and the Layla.

The last time global oil prices settled above $100 was on May 22, data from FactSet shows.

The price of the benchmark international oil contract, Brent North Sea, reached $100 a barrel in trading on July 23 after Yemen's Houthi rebels struck oil tankers in the Red Sea.