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Iran And Houthis Add $49 To Oil; Demand Cuts $10
The Iran war has removed a significant share of global supply. Now Houthi attacks threaten to choke off even more barrels. Consumers are adjusting by paying more for the remaining crude and using less of it – especially in Asia.
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oilprice.com
Houthi Threats Ignite New Oil Price Surge | OilPrice.com
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.
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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…
