Oil prices hit $100 for the first time since May

The price of Brent crude rose more than 5% on Thursday as the war in the Middle East continues to escalate.

Strikes Against Saudi Tankers in the Red Sea Send Oil Past $100 a Barrel

President Trump threatened attacks on Houthi militants after the Iranian ally said it had hit two Saudi Arabian-flagged vessels.

By Max Bearak, Leo Sands and Thomas Fuller

How Trump Plans to Maintain His Tariff Wall - Bloomberg.com

How Trump Plans to Maintain His Tariff Wall  Bloomberg.com

Oil hits $100 for first time since May

Attack by Houthis on Saudi Arabian tankers in Red Sea threatens further squeeze on energy supplies

Trump threatens Iran with escalation, including strikes on civilian and nuclear infrastructure

After two weeks of strikes on Iran that yielded no progress, US President Donald Trump raised the possibility of targeting uranium enrichment sites beneath the Kolang mountain in central Iran.

How the Bab al-Mandab blockade threat helped push oil back above $100

Escalating Houthi warnings to ships carrying Saudi crude through the strait lead to fears of further price surge A fresh front in the Middle East crisis opened this week, bringing a return of soaring global energy markets and stoking fears that the oil price could surge to $120 a barrel. In a matter of days the price of Brent crude has jumped by more than 13%, breaching the $100 a barrel mark on Thursday after Yemen’s Houthi militias took aim at a new target: Saudi oil exports via the Bab al-...

By Jillian Ambrose Energy correspondent

Jack Smith doubles down against GOP accusations he lied under oath

Jack Smith's lawyers call Jim Jordan's criminal referral "meritless," claiming Trump ordered his prosecution and questions focused on toll records.

Oil surges past $100 in a first since May as Middle East conflicts rage

Oil prices rise for a fifth day after Yemen's Houthis say they struck Saudi Arabian oil tankers in the Red Sea.

Oil tops $100 US per barrel, as Tesla and Alphabet drag stocks lower

It's the first time oil has risen above that benchmark of $100 since late May. Stocks sank under the pressure of rising oil prices, while companies with big fuel bills fell on worries about higher expenses.

Brent crude tops $100 a barrel. How the next stop could be $120

Goldman Sachs warns on oil prices and so called tank bottoms ( and loves a new natural gas-related name).

Trump vows to punish Iran for Houthi attacks in Red Sea, as oil surges over US$100

US President Donald Trump promised on Thursday “major military punishment” for Iran and its Houthi allies, after the Yemeni fighters struck two Saudi oil tankers in the Red Sea, extending the Middle East war to a second major shipping chokepoint. Fears that disruption could widen further to block another sea route sent global oil prices surging in one of the steepest rises of the war. Brent crude rose more than 6 per cent, breaking through US$100 a ‌barrel for the first time since May. Two we...

By Reuters

US threatens 'major military punishment' for Houthi attacks

Donald Trump threatened to strike Iran and the Houthi militants over attacks on Saudi tankers. Meanwhile, the UN warned that the situation is 'out of control.' DW has the latest.

Trump threatens Iran and Houthi rebels with 'major military punishment'

Iran and the United States threatened to intensify attacks on Thursday after Yemen's Houthi rebels struck Saudi oil tankers in the Red Sea, driving Brent crude above $100 a barrel and fuelling fears of a widening regional conflict and renewed pressure on the global economy.

By FRANCE 24

Oil prices jump to 100 dollars a barrel after Red Sea shipping attacks

On Thursday, US President Donal Trump warned that he will hold Iran directly responsible for further attacks by Houthi rebels on ships in the Red Sea.

By Henry Saker-Clark

This court was created 30 years ago and never heard a case. Trump wants to change that

Oil prices cross $100 as middle east conflict sparks global supply fears

Oil prices crossed $100 as Middle East tensions, Houthi attacks, and Red Sea shipping risks raised fears of global supply disruption and inflation.

Oil Crosses $100 A Barrel Amid Fresh Middle East Tensions

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.

Iran flew IRGC commanders, missile gear to Yemen's Houthis, sources say

Four sources familiar with the matter said Iran flew IRGC personnel and military equipment from Tehran to Yemen on July 13, in a previously unreported transfer.

Trump vows to punish Iran for Houthi attacks in Red Sea; oil surges over $100

U.S. President Donald Trump promised on Thursday “major military punishment” for Iran and its Houthi allies, after the Yemeni fighters struck two Saudi oil tankers in the Red Sea, extending the Middle East war to a second major shipping chokepoint. The prospect that disruption could widen to a second sea sent global oil prices surging […]

Brent North Sea oil price hits $100 on Mideast attacks

The price of the benchmark international oil contract, Brent North Sea, reached $100 a barrel in trading today after Yemen's Houthi rebels struck oil tankers in the Red Sea.

Trump threatens Houthis with 'major military punishment' 

US President Donald Trump warned Iran would be held responsible for any new Houthi attacks on ships in the Red Sea.

Trump weighs larger military strikes on Iran - reports

Iran war spreads to Red Sea, civilian targets, CIA sites

The U.S. has conducted a 12th night of airstrikes against Iran

By Peter Weber, The Week US

Volatile conditions in Strait of Hormuz cast doubt on whether fuel price hikes are here to stay

The price of the benchmark international oil contract, Brent North Sea, reached $100 (€88) a barrel in trading today after Yemen’s Houthi rebels struck oil tankers in the Red Sea.

FO expresses 'disappointment' over EU GSP+ report, says it fails to present 'balanced picture of progress'

Condemns Houthi attacks, warns any act against Pakistani vessels will be regarded as grave threat to national security

By Web Desk

Trump says Iran will be held responsible for Houthi attacks in Red Sea

Mr Trump, in a post on Truth Social, said the Yemen rebel group is a “proxy of Iran,” and its actions against US allies in the Gulf will be considered an Iranian attack by extension. The post Trump says Iran will be held responsible for Houthi attacks in Red Sea appeared first on Premium Times Nigeria.

By Beloved John

RBC Commodities Chief Warns "War Entering Dangerous Phase" As Chokepoint Chaos Risks Oil Above 2008 Peak

RBC Commodities Chief Warns "War Entering Dangerous Phase" As Chokepoint Chaos Risks Oil Above 2008 Peak Brent crude futures rose nearly 5% to the mid-$98-a-barrel range after tanker attacks near the Bab el-Mandeb Strait threatened another critical maritime chokepoint as the Strait of Hormuz remained partially disrupted. Tankers are again turning away from the southern Red Sea, reversing a recovery in traffic following the 2023 disruptions. On Wednesday night, we reported that H...

By Tyler Durden

Houthis attack Saudi tankers to open likely new front in Iran war

Yemen's Iran-backed Houthi rebels said they attacked two Saudi oil tankers in the Red Sea on Thursday, potentially opening a new front as the U.S. military conducted a 12th ni...

Trump threatens Houthis with ‘major military punishment’

Trump's warning came after the Tehran-backed Houthis launched missile and drone strikes on oil tankers in the Red Sea to enforce what they said was a blockade on Saudi Arabia. The post Trump threatens Houthis with ‘major military punishment’ appeared first on Vanguard News.

By Henry Oduah

Oil hits $100 a barrel for the first time since May, putting pressure on bonds

Houthi attacks in the Red Sea intensified fears of further disruptions to global supply and a renewed wave of inflation worldwide The post Oil hits $100 a barrel for the first time since May, putting pressure on bonds appeared first on ProtoThema English.

By admin

Yemen’s Houthis attack Saudi tanker as US launches more Iran strikes

Yemen's Iranian-backed Houthi movement has said its forces attacked two Saudi oil tankers in the Red Sea that "violated" its blockade of Saudi ports, as the US carried out a 12th consecutive night of strikes on Iran.

By Emmanuel Tetteh