Brent crude has broken back above $100 a barrel for the first time in nearly two months as escalating attacks on commercial shipping in the Red Sea deepen concerns that the Middle East supply crisis is spreading beyond the Strait of Hormuz.

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…

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…

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

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’

The price of main international oil contract, Brent North Sea, soared five percent Thursday after Houthi rebels claimed to have ...

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.

Main oil contract Brent North Sea surged toward US$100 a barrel on Thursday (Jul 23) as Tehran-backed Houthi rebels targeted Red Sea shipping, raising fears that the Middle East…

Main oil contract Brent North Sea surged toward $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping, raising fears that the Middle East war is…

Brent crude hits $100 amid Middle East tensions. New all-time high by September 30 at 7.8% YES, by December 31 at 16.5% YES.

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.

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

Renewed strikes on shipping in the Gulf and the Red Sea have dealt a fresh double blow to global oil markets. As prices climb once again, DW examines what else could keep them…