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7.7

Brent crude nears $100 as Houthi attacks disrupt Red Sea shipping

Brent crude is approaching $100 per barrel following sustained Houthi attacks on shipping in the Red Sea, with analysts expecting prices to stay elevated through year-end. The attacks are disrupting a key global trade artery, raising supply concerns. The trajectory depends on the duration of the disruption and any military response.

New York Timesabout 13 hours agoYE, US, GBengCredibility 41%View source

Score Breakdown

Mosaic Score7.7
Confidence0.7
Significance0.8
Source credibility0.4

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Red Sea

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