Oil prices have surged past US$100 a barrel as Iran-backed Houthi rebels targeted Red Sea shipping and threats by US President Donald Trump to strike them in return sent equity markets slumping.

World oil prices soared Wednesday, with the benchmark international contract Brent North Sea crude surpassing $95 for the first time in nearly six weeks as the United States and…

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 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…

Oil topped $100 a barrel for the first time since May — and the average US gas price rose to $4.09 — after Yemen’s Houthi rebels targeted Saudi ships in the Red Sea, threatening…

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…

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.

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…

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.

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

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

Yemen’s Houthis said they struck two Saudi oil tankers, widening disruption to global oil shipping through both the Red Sea and the Strait of Hormuz