Oil Prices Hit $100 as Houthi Attacks Disrupt Red Sea Shipping
Global oil prices surpassed $100 per barrel this week following intensified conflict in the Middle East and Houthi-led attacks on tankers in the Red Sea. The surge has pushed U.S. gasoline averages to $4.09 per gallon, creating renewed inflationary pressure on consumers and supply chains already strained by the ongoing Iran war. The latest escalation … Read more