Brent crude tops $107 as Houthis seize Yemen’s Mokha port, intensifying Red Sea and Hormuz shipping risks and fueling fresh global oil supply fears.

The Houthi attacks could threaten crude shipments via the Red Sea, which has been a key alternative route to the crucial Strait of Hormuz, where crude flows have been severely…

The Iran war escalated this week as Yemen’s Iran-backed Houthi rebels attacked four southern Saudi Arabian cities and oil facilities.

Capture of Mokha, overlooking Bab Al Mandeb strait, has rattled oil markets, analysts say