The price of Brent crude surged amid widespread fears that Houthi attacks in the Bab el-Mandeb Strait will disrupt shipping in another crucial waterway.

US President Trump plays down prospect of peace talks with Tehran and threatens to blow up Iranian nuclear sites

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…

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…