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Oil Prices Surge Towards $100 Amid Middle East Tensions

Source: The Guardian Business - Published: 08 Sep 2026 09:33

Brent crude oil prices have surpassed $98 per barrel, the highest since late July, following attacks on Saudi energy facilities by Yemen's Iran-aligned Houthis. These incidents have raised concerns about potential disruptions in oil supply and the inflationary impact on global markets.

Briefed by Gibik from the original source.