Business & Economy · 35 views
Global oil tops $100 and settles at 2-month high after Houthis strike Saudi tankers and Trump threatens ‘military punishment’ on Iran
Oil futures climbed sharply Thursday, with global benchmark Brent crude topping $100 a barrel for the first time since May, after Yemen’s Houthi militants claimed attacks on two Saudi Arabian tankers in the Red Sea.
AI Summary
The global oil market has seen a significant increase in prices, with Brent crude reaching a two-month high of over $100 a barrel. This surge is attributed to a recent series of attacks on Saudi Arabian tankers in the Red Sea, claimed by Yemen's Houthi militants.
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