EnergyHighUnknownAccelerating
9.3
Oil Surges 4% Above $104 as Gulf Shipping Attacks Escalate
Al Jazeera AR·IR · AE · SA·1 day ago
Attacks on vessels near the Strait of Hormuz persist amid an escalating Saudi-Houthi conflict, threatening a key oil chokepoint. The situation is developing, with the extent of damage and potential supply disruption still unclear. Oil prices have already jumped, reflecting immediate market risk.
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