Quartz·1 min read·medium
Brent crude surges past $100 as Houthis strike Saudi tankers in the Red Sea
✦AI Summary
Brent crude oil prices have surged past $100 per barrel following Houthi attacks on Saudi tankers in the Red Sea. This marks a significant escalation as the naval blockade expands beyond the Strait of Hormuz.
Oil prices posted their biggest single-day jump in weeks as the Houthi naval blockade spread beyond the Strait of Hormuz for the first time
economybusinessworld
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