In the ancient calculus of oil and conflict, Sunday's Houthi strikes on Saudi Arabia and a burning vessel in the Strait of Hormuz reminded the world how fragile the arteries of modern civilization remain. Markets opened Monday with Brent crude above $108 and WTI above $103, each dollar of increase a quiet measure of collective anxiety about what flows — or fails to flow — through the Persian Gulf. Behind the numbers lies a more human reckoning: a pipeline already dark from last week's drone strike, one life lost at sea, and diplomats in Oman postponing the very conversation that might have ste
Oil surges past $108 as Middle East tensions escalate with Saudi, Hormuz strikes
One person killed and four crew members wounded aboard an Iranian commercial vessel struck off Iran's coast.