Escalating Houthi warnings to ships carrying Saudi crude through the strait lead to fears of further price surge

Oil prices could climb above $115-$120 should flows be disrupted, consultant says; Saudi crude shipments to Asia could face longer routes; Asian refiners could face delays of…

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.