Brent crude rose to $100/bbl for the first time in two months after Iran-backed Houthi militants said they attacked two Saudi tankers in the Red Sea. The incident raises the risk of deeper Middle East supply disruptions and likely adds an additional risk premium to oil prices amid threatened shipping disruptions.
Brent crude rose to $100/bbl for the first time in two months after Iran-backed Houthi militants said they attacked two Saudi tankers in the Red Sea. The incident raises the risk of deeper Middle East supply disruptions and likely adds an additional risk premium to oil prices amid threatened shipping disruptions.
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mildly negative
Sentiment Score
-0.25
