https://www.live-feeds.com/feed/oil-climbs-toward-100-a-barrel-following-houthi-attacksContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-climbs-toward-100-a-barrel-following-houthi-attackshttps://www.live-feeds.com/feed/oil-climbs-toward-100-a-barrel-following-houthi-attacks#u66104Sat, 12 Sep 2026 10:05:19 +0000Global oil prices climbed above $100 per barrel, driven by escalating military tensions in the Gulf, a U.S.-Iran war, and supply disruptions. Brent crude reached $106 per barrel, while West Texas Intermediate traded at $101 following a weekly jump of around 10%. The rising energy costs pushed U.S. diesel prices past $6 per gallon for the first time, reaching $6.05 according to American Automobile Association data. Saudi Arabia shut down its key East-West pipeline after multiple attacks, and crude inventories continue to drain amid the ongoing conflict.Why it mattersThe spike in petroleum value https://www.live-feeds.com/feed/oil-climbs-toward-100-a-barrel-following-houthi-attackshttps://www.live-feeds.com/feed/oil-climbs-toward-100-a-barrel-following-houthi-attacks#u64168Thu, 10 Sep 2026 18:10:18 +0000Brent crude oil prices exceeded $100 a barrel for the first time since July. This surge follows Houthi attacks on Saudi Arabian cities and oil facilities, alongside military friction between the US and Iran. The price jump coincides with a 320 point drop in the Dow Jones Industrial Average. Simultaneously, energy costs are rising across Europe, with British gas prices hitting their highest level since December 2022 and European gas prices reaching a peak not seen since January 2023.Why it mattersSupply chain vulnerabilities are intensifying as Iran attempts to create an exclusion zone in the S https://www.live-feeds.com/feed/oil-climbs-toward-100-a-barrel-following-houthi-attackshttps://www.live-feeds.com/feed/oil-climbs-toward-100-a-barrel-following-houthi-attacks#u63219Wed, 09 Sep 2026 22:57:36 +0000Brent crude oil prices jumped 3% to exceed $100 a barrel on Wednesday following Houthi attacks on Saudi Arabian cities and escalating military friction between the US and Iran. The price surge triggered a decline in US stock markets, with the Dow Jones Industrial Average losing 320 points. Tensions are centered on the Strait of Hormuz, where Iran intends to establish an exclusion zone to tighten control over tanker traffic. Meanwhile, the US has destroyed five Iranian tankers as part of an ongoing exchange of strikes.Why it mattersThe Strait of Hormuz is a critical global chokepoint for oil an