NDTV·2 min read·medium
Oil Crosses $100 A Barrel Amid Fresh Middle East Tensions
✦AI Summary
Global oil prices have reached $100 per barrel due to escalating tensions in the Middle East. The surge follows Houthi rebel attacks on Red Sea shipping and subsequent threats of military retaliation from the US.
Oil prices surged to $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping and US President Donald Trump threatened to strike them in return.
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