Brent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el-Mandeb — at the same time. While markets were already grappling with disruptions in Hormuz due to the US-Iran conflict, fresh Houthi attacks on Saudi oil tankers in the Red Sea have put alternative export routes at risk.

Brent crude rises above $100 amid Middle East conflict fears. New all-time high by December 31 at 16% YES.

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…

Global supply disrupted by US-Iran aggression in strait of Hormuz and Houthi threats in Bab el-Mandeb

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 surged past $100 a barrel on Thursday as Iran-backed Houthi rebels targeted Red Sea shipping as threats by US President Donald Trump to strike them in return sent…

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’

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

Oil is on an upward trajectory as Donald Trump’s war in the Middle East spreads into the Red Sea, leaving tankers in danger across the Gulf.

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

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…

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

Brent crude surged above $100 a barrel after Houthi rebels claimed attacks on Saudi oil tankers in the Red Sea, escalating supply concerns. Rising crude prices intensified…

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…

Benchmark rises sharply over fears Houthi militia could strangle Saudi exports as US-Iran fighting intensifies

Brent crude briefly crossed $100 a barrel for the first time since May after Red Sea attacks on Saudi oil tankers heightened fears over global oil supplies.