Keyword → Red Sea shipping

Brent Crude Rises 2.1% to $96 as Houthi Missiles Strike Saudi Tankers and US Completes 12th Consecutive Night of Iran Strikes

Brent crude rose 2.1% to $96 per barrel Thursday after Houthi militants fired missiles and drones at two Saudi oil tankers in the Red Sea — marking the first direct strikes on tankers in that waterway — while US forces completed a 12th consecutive night of strikes on Iranian targets. WTI climbed 1.4% to $88.08. Brent is now up roughly 30% over the past month. Energy stocks, defense contractors, and airline names face sharply divergent outlooks as a second front in the energy-supply disruption opens.