The dual disruption of Hormuz and Bab el-Mandeb is tightening global oil flows, raising transport costs and fueling expectations of $100 oil.

Crude oil prices extended their rally on Wednesday, with Brent crude holding above the $90-a-barrel mark as escalating tensions in the Middle East kept investors focused on the…

Global supply disrupted by US-Iran aggression in strait of Hormuz and Houthi threats in Bab el-Mandeb

Crude oil prices jumped to six week high on Thursday, with Brent rising above the $96-a-barrel mark and US benchmark WTI climbing past $88, as the Middle East conflict showed no…