Brent Hits $100 as U.S.-Iran Escalation, Houthi Strikes Deepen Gulf Supply Fears

The price of Brent crude oil surged past $100 a barrel, marking its highest point since July, driven by heightened tensions between the U.S. and Iran, which saw fresh attacks and Iranian missile strikes into Jordan. These developments, coupled with Houthi attacks disrupting Gulf supply routes, have heightened fears of a broader conflict affecting global energy markets. This spike underscores the delicate balance of global supply chains and the potential economic ramifications of geopolitical instability. For a detailed report, visit the original source.