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Global oil tops $100, settles at 2-month high after Houthis strike Saudi tankers and Trump threatens ‘military punishment’ on Iran

Global oil tops $100, settles at 2-month high after Houthis strike Saudi tankers and Trump threatens ‘military punishment’ on Iran

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Oil futures climbed sharply Thursday, with global benchmark Brent crude topping $100 a barrel for the first time since May, after Yemen’s Houthi militants claimed attacks on two Saudi Arabian tankers in the Red Sea.

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Oil futures climbed sharply Thursday, with global benchmark Brent crude topping $100 a barrel for the first time since May, after Yemen’s Houthi militants claimed attacks on two Saudi Arabian tankers in the Red Sea.

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