Houthis reportedly seize Yemen’s Perim Island, tightening grip on Red Sea oil chokepoint
Iran-backed Houthi fighters reportedly seized Yemen's Perim Island on Friday, a day after taking the Red Sea port of Mokha….
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
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107.175
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Oil pulls back from $100 as Hormuz, Red Sea attacks push tanker rates to records
Oil prices pulled back on Friday after a week of sharp gains driven by attacks on shipping near the Strait…
U.S. 10-year Treasury yield briefly breaks above 5% for first time since 2024 after hot CPI
The U.S. 10-year Treasury yield briefly broke above 5% on Friday for the first time since 2024, after August inflation…
Oil could top $120 a barrel by year-end as Middle East conflict escalates, RBC warns
Crude could climb past $120 a barrel by year-end if fighting in the Middle East keeps escalating, RBC Capital Markets…
WTI Crude Jumps 11.01% as Houthis Seize Red Sea Islands Near Bab al-Mandeb
October WTI crude futures jumped 11.01% this week after Houthi forces seized Yemen's Red Sea port of Mocha and captured…
