Red Sea tensions and Houthi advances threaten Bab al-Mandab, forcing oil tankers to reroute around Africa, adding a month to Asia shipments and lifting prices above $100.

SINGAPORE - Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier for the first time since July 24 as intensifying conflict in…

The price of oil returned to triple digits in US dollars, as conflict in the Middle East threatens supply chains and puts a strain on global reserves.

Oil prices are inching closer to the $100 mark as shipping routes come under rising attack. The Houthi grip on Yemen's Mocha port poses risks to Red Sea transport, while tankers…