Houthi Strikes

Oil Crosses $100 for First Time Since July 2022 as Trump Threats, Houthi Strikes Shake Markets

Global oil prices surged past the $100 per barrel mark for the first time since July 2022, driven by escalating geopolitical tensions and supply disruptions. Brent crude futures climbed above $112, while West Texas Intermediate (WTI) crossed $105, sparking concerns about inflationary pressures and energy market instability worldwide. Key Drivers Behind the Surge Trump’s Threats…

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Brent Oil

Brent Oil Hits $119 Level! Nomura Says Russian Oil Reprieve for India a Drop in the Ocean

Global energy markets are reeling as Brent crude oil surged to $119 per barrel, its highest level in years, driven by escalating geopolitical tensions and supply disruptions. While India has been importing discounted Russian oil to cushion the blow, analysts at Nomura caution that this reprieve is merely “a drop in the ocean” compared to…

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