EnergyHighPartialAccelerating
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Oil tops $100 as Strait of Hormuz tanker fire stokes supply fears
Le SoirLO·IR · AE·1 day ago
Brent crude closed at $106.6, driven by heightened conflict between Yemen and Saudi Arabia, with WTI also affected. The escalation raises supply disruption risks in the Middle East, though the specific incident is not detailed. This marks a notable price spike, likely reflecting market fears of broader regional instability.