Oil prices rise above $100 amid Red Sea attacks
The News International led with a focus on the surge in oil prices and linked it to fears of a wider Iran conflict, highlighting the geopolitical implications of the Houthis' attacks. Dawn emphasized the price increase and described it as the highest in nearly two months, focusing on the disruption to global oil supply caused by the attacks.
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Oil price tops $100 as supply disruption worsens
NEW YORK: Oil prices topped $100 on Thursday, their highest levels in nearly two months, after Yemen’s Houthis said they had attacked two Saudi oil tankers in the Red Sea, causing further global supply disruptions following a near-halt in trade through the Strait of Hormuz. Brent futures rose $6.59, or 7 per cent, to $100.66 a barrel at 12:58pm ET (1658 GMT), exceeding $100 for the first time s...
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Oil surges above $100 as Red Sea attacks stoke fears of wider Iran conflict
Oil surges above $100 as Red Sea attacks stoke fears of wider Iran conflict Oil prices have surged $100 a barrel for the first time since May in the wake of Houthis attacks on oil tankers in the Red Sea. Brent crude spiked more than 5 percent on Thursday as the Middle East conflict is on the...
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