Oil hits $100 a barrel as Red Sea attacks escalate energy risks
TL;DR Summary
Brent crude rose to about $100 a barrel after Iran-backed Houthis claimed strikes on Saudi tankers in the Red Sea, heightening fears of supply disruptions as shipping in critical routes like the Bab el-Mandeb and Strait of Hormuz faces pressure amid ongoing Middle East tensions.
Topics:business#energy-industry#middle-east#mideast-conflict#oil-and-gas-industry#war-and-unrest#world
- Oil prices leap after attacks in Red Sea The Washington Post
- Live updates: US-Iran strikes; conflict widens with Houthis claiming Red Sea attacks CNN
- Oil hits $100 for first time since May Financial Times
- Iran War Live Updates: Oil Prices Surge After Attacks in Red Sea The New York Times
- U.S. oil tops $90, Brent above $98 after tankers struck off Saudi Arabia CNBC
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