Oil Price Surges to $95 as US-Iran Conflict Escalates

TLDR: Brent crude rose 4.6% to $95.16 a barrel, marking its highest point in six weeks.  US carried out an eleventh consecutive night of strikes against Iran overnight.  Houthi forces threatened a naval blockade on Saudi Arabian ports amid rising tensions.  Tankers are slowing approaches to Bab El-Mandeb Strait as Red Sea risks continue to [...]

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