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EnergyCorroboratingHighDevelopingFeatured
8.5

WTI crude hits $104 as Red Sea conflict intensifies, highest since May

WTI crude rose to $104, the highest since mid-May, as Middle East tensions escalate in the Red Sea. The conflict has disrupted shipping routes, raising supply concerns. The move reflects market pricing of heightened geopolitical risk, though the exact impact on supply remains uncertain.

El Nacional2 days agoUS, YECredibility 40%View source

Score Breakdown

Mosaic Score8.5
Confidence0.5
Significance0.8
Source credibility0.4

Intelligence Tags

#oil#crude#red-sea#geopolitical-risk#supply-disruption

Locations

Red Sea

Entities

countrymarketregion
Source

Part of a situation

activeConflictTrade9h ago

Yemen — 13 developments

→ stable·16 signals·YE, IR, US +1Score 6.2

Related signals

8 found