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

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.

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…

Audio version of Brent nears $100 as Houthi attacks deepen supply fears