🇾🇪🇮🇷 OIL IS ABOVE $100 AGAIN, AND THE MIDDLE EAST IS MAKING IT VERY HARD TO COME BACK DOWN
Brent is hovering around $106 a barrel, and it's not hard to see why traders are nervous.
The Houthis have been hitting Saudi oil infrastructure, even striking Aramco's headquarters. Iran is going after ships in the Strait of Hormuz.
So now it's not just about how much oil the world can produce, but whether anyone can get it out safely.
And that's worrying more than the price itself.
A short spike is one thing. But if oil stays this expensive for months, we'll feel it everywhere. Transport, groceries, flights, pretty much anything that has to be made or moved.
The war might feel far away. The bill won't.
Writer: Oliver
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Top reply · ♥ 1
Steven Reid @iSteveReid ·
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@MarioNawfal Why are you spewing nonsense. Futures mean nothing. Start investigating invoice, and you'll find the cost is almost double what we are being told.









































































