Middle East Tensions Push Oil Prices HigherGlobal energy markets are under pressure as escalating Middle East tensions threaten shipping routes and fuel supplies. 🌍🛢️ On October 12, Reuters reported Brent crude rising 2.3% to $107.17 per barrel amid attacks involving Yemen’s Houthi forces and growing concerns over regional security. Investors are watching the Strait of Hormuz and other key shipping routes for further disruptions. ⚠️📈
Reuters
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