Brent crude oil futures rose to $100 per barrel for the first time in two months. Earlier, Yemen's Houthis claimed to have attacked two Saudi oil tankers sailing in the Red Sea, intensifying the Middle East conflict and threatening to further cut oil supplies. Attacks by the Houthis in Yemen have opened up a new front in regional conflict. Prior to that, traffic in the Strait of Hormuz had already been in trouble due to the US-Iran conflict. Since the outbreak of the conflict, the Mander Strait, located in the Red Sea, has become a lifeline for oil exports. Recently, both the US and Iran have downplayed the possibility of peace negotiations, making the emergence of a long-term hostile situation a possibility.

Brent crude oil futures rose to $100 per barrel for the first time in two months. Earlier, Yemen's Houthis claimed to have attacked two Saudi oil tankers sailing in the Red Sea, intensifying the Middle East conflict and threatening to further cut oil supplies. Attacks by the Houthis in Yemen have opened up a new front in regional conflict. Prior to that, traffic in the Strait of Hormuz had already been in trouble due to the US-Iran conflict. Since the outbreak of the conflict, the Mander Strait, located in the Red Sea, has become a lifeline for oil exports. Recently, both the US and Iran have downplayed the possibility of peace negotiations, making the emergence of a long-term hostile situation a possibility.