Ghana news briefing
Oil surges to $100 per barrel after Red Sea attacks
By GhanaSummary Newsroom1 min read
Oil prices rose Thursday to their highest level since early June after the latest Iran war escalation threatened severe new disruption to global supplies.
Brent crude oil, one of two key global benchmarks, rose more than 6% to more than $100 per barrel in early Thursday trading.
The new surge in prices comes after Tehran-backed Houthi rebels claimed attacks on two Saudi oil tankers in the Red Sea, following their announcement of a naval blockade on the kingdom.
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