Brent Crude Crosses $100 as Red Sea Tanker Strikes Add New Chokepoint Risk
Houthi attacks on Saudi vessels in Bab el-Mandeb compound supply fears as Strait of Hormuz traffic remains stalled, pushing oil prices to four-month highs
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Houthi attacks on Saudi vessels in Bab el-Mandeb compound supply fears as Strait of Hormuz traffic remains stalled, pushing oil prices to four-month highs

Dual blockades at Hormuz and Bab el-Mandeb threaten a quarter of global oil flows while OPEC+ prepares emergency output boost

Red Sea attacks on Saudi tankers push benchmark prices past $100 for first time since May, with depleted reserves leaving markets fewer options to absorb shocks

US strikes on Iran and Houthi attacks on Red Sea tankers push oil to six-week highs, renewing inflation fears across Asian markets

Houthi attacks on Saudi vessels in the Red Sea compound disruption at the Strait of Hormuz, pushing oil prices to their highest levels since May as Asia's energy importers face mounting supply risks.

Brent crude climbs above $94 as Iran-US tensions and Houthi blockade warnings force tankers to reroute, tightening near-term supply and widening backwardation to widest since May

West Texas Intermediate rises 2.6 percent after American forces target Iranian positions following assaults on commercial shipping in critical energy corridor