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Oil Surges Above $100 as US-Iranian Strikes and Houthi Attacks Disrupt Regional Energy Supplies
Oil prices climbed to $100 (£74) a barrel on Wednesday for the first time since July, as a sharp escalation in military activity involving the United States, Iran, Yemen's Houthis and Saudi Arabia intensified fears over the security of global energy supplies. Brent crude, the global benchmark for oil prices, rose 2.83% from Tuesday to reach $100.70 a barrel by Wednesday afternoon. The latest increase came after a series of attacks on shipping and energy infrastructure across
2 hours ago6 min read
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