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Global Oil Prices Surge Past $100 Amidst Strait Tensions

International crude oil prices, specifically Brent crude, have surpassed the $100 per barrel mark, driven by escalating international tensions in the Strait of Hormuz and the Bab el-Mandeb Strait.

According to the International Desk of Webangah News Agency, Brent crude oil prices have exceeded $100 per barrel, marking a significant 6 percent increase. This surge is attributed to heightened international tensions in the Strait of Hormuz and the Bab el-Mandeb Strait. These developments are reportedly linked to aggressive actions by the United States military against Iran and Saudi aggressions targeting the Yemeni people.

©‌ Webangah News, Mehr News Agency, Al Jazeera

English channel of the webangah news agency on Telegram
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