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Brent crude closed above $100 a barrel on Thursday for the first time since late May, after Iran aligned Houthi fighters struck Saudi oil tankers in the Red Sea and opened a second maritime front in a conflict that has already crippled traffic through the Strait of Hormuz. The international benchmark settled 7 percent…
Global energy markets shuddered again on Thursday as crude prices spiked towards triple digits. International benchmark Brent crude jumped five per cent to hit an intraday peak of $98.80 a barrel. The sudden surge followed Houthi rebel claims of drone strikes against two Saudi oil tankers in the Red Sea. US West Texas Intermediate similarly…
