Brent Crude Surpasses $110 Amid Saudi Attacks and Supply Concerns
Brent crude oil prices surged past $110 a barrel following fresh Houthi attacks in Saudi Arabia, raising concerns over oil supplies. The US evacuated diplomats' families from Saudi Arabia due to escalating security risks. US crude inventories fell sharply, while distillate stocks rose unexpectedly. Increased threats from Iran have further heightened worries about shipping safety and energy supply stability.
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