With no end in sight to renewed Mideast hostilities and few shock absorbers left to cope with disruptions, the market is in a precarious place.

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…

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…

Brent crude futures rose $2.2 or 2.3 percent, to $96.27

Houthi militant attack on Saudi Arabian tankers threatens deeper supply disruptions

Audio version of Brent nears $100 as Houthi attacks deepen supply fears

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…