Brent crude oil prices rise to nearly $108 after Saudi Arabia shuts a key pipeline. New all-time high by December 31 at 13.5% YES.

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.

Brent crude stays above $108 amid West Asia supply disruption fears and rising production concerns from Saudi Arabia and Iraq.

Houthi strikes threaten Saudi oil exports as Brent hits $105 and Middle Eastern crude soars to $120.