The story so far
Oil surges past $100 on Middle East tensions
Tracked across 5 sources · Updated 2h ago
Oil prices crossed $100 per barrel due to Houthi attacks on Saudi ships in the Red Sea, US threats of military action against Iran, and supply disruptions from Kazakhstan, stoking global supply fears.
How it unfolded
4h ago
Oil holds above $100; Kazakhstan outage adds to supply woes
1d ago
Brent crude tops $100 for first time since May
2d ago
Crude futures jump over 4% on West Asia tensions
What happened earlier
Latest updates
Latest
Full story →Oil holds above $100 as Red Sea attacks and Kazakhstan outage tighten supplies
Brent crude rose above $100 per barrel, its highest since May, after Houthi rebels attacked two Saudi oil tankers in the Red Sea.
The Bab el-Mandeb shipping route, which links the Red Sea to the Indian Ocean, faces potential disruption from Houthi attacks.
Kazakhstan's oil exports were disrupted after suspected Ukrainian drone attacks forced closure of the Caspian Pipeline Consortium's Black Sea export terminal.
Iran-aligned Houthis announced a naval blockade on Saudi Arabia, escalating supply fears.
US President Donald Trump warned of holding Iran responsible and threatened major military punishment against Houthi rebels.
Earlier · 2d ago
Full story →Crude oil futures jump over 4% as West Asia tensions deepen supply disruption fears
Crude oil futures on MCX for August delivery rose by Rs 363, or 4.45%, to Rs 8,513 per barrel.
The rally extended for the fourth consecutive day.
West Asia tensions are deepening supply disruption fears.
Earlier · 13h ago
Full story →BATL, CVX, XOM Stocks Rise As Brent Crude Tops $100 – Trump Threatens Iran With 'Major Military Punishment' After Houthi Attack On Saudi Ships
Brent crude futures topped $100, first time since May 26, 2026.
BATL, CVX, XOM stocks rose on oil price surge.
Trump threatened Iran with major military punishment after Houthi attack on Saudi ships.
Brent extended gains for fifth straight session.
Earlier · 10h ago
Full story →Oil Crosses $100 A Barrel Amid Fresh Middle East Tensions
Oil prices crossed $100 a barrel on Thursday amid escalating Middle East tensions.
Houthi rebels backed by Tehran targeted Red Sea shipping, disrupting supply routes.
US President Donald Trump threatened to strike the Houthis in retaliation.
The surge reflects market concerns over potential supply disruptions from the region.
