Oil Near Five-Month High Amid Hormuz and Houthi Attacks
Oil prices remain near a five-month high due to ongoing tensions in the Middle East, including attacks in the Strait of Hormuz and by Houthi forces. These incidents threaten the recovery of oil supply, keeping Brent crude prices elevated above $110 per barrel. The situation raises concerns about sustained supply risks in the Persian Gulf region.
Investing.com·




