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Oil price tops $100 as supply disruption worsens
Houthis attack on Saudi oil tankers in the Red Sea causes further global supply disruptions following a near-halt in trade through the Strait of Hormuz.
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economictimes.indiatimes.com
Oil climbs over 4% to near six-week high as conflict threatens key oil transit routes
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…
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forbes.com
Oil Nears $100 Again As Iran-Backed Houthis Target Red Sea Shipping
The attack on ships in the Red Sea threatened to expand the conflict and severely impact global oil supplies already hobbled by the blockade of the Strait of Hormuz.
