Oil hits $100 as Houthi attacks and US strikes on tankers stoke supply fears
Brent crude hit $100 a barrel mark as fresh attacks on Saudi Arabia's energy infrastructure and US hits on Iranian crude carriers stocked fears of further tightening of global oil supplies. Brent, the international benchmark, rose 2.14 per cent to $100.02 a barrel at 11.35am UAE time, while US benchmark West Texas Intermediate gained 1.80 per cent to $94.70. US forces destroyed five Iranian crude…
We haven't written up this one. The National Business has the full story — the link below goes straight to it.
