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Oil hits $100 for first time since July as chaos continues in Strait of Hormuz

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NEWSDECK ANALYSIS
The BBC Business and FT UK report the same development in oil prices, with both stating that Brent crude has reached $100 for the first time since May. Both sources attribute the price rise to escalating conflict in the Middle East, although the FT UK specifically mentions an attack by Houthis on Saudi Arabian tankers in the Red Sea. The tone and emphasis of the two reports are broadly similar, highlighting the impact of the conflict on energy supplies. The BBC Business notes a 5% rise in the price of Brent crude on Thursday.
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Independent World
Oil hits $100 for first time since July as chaos continues in Strait of Hormuz
Tensions have renewed in the Middle East after Houthi forces struck several Saudi cities
9 Sept, 07:50
Guardian Business
Oil prices rise above $100 a barrel for first time since July as Iran war escalates
Brent crude rises by more than 2% after latest fire between US and Iran in Gulf and Houthi attacks on Saudi cities Business live – latest updates The price of oil has risen above $100 a barrel for the first time since July as the escalating conflict in the Middle East threatens further disruption to global supplies. Brent crude, the international benchmark for oil prices, rose 2.1% to over $100 a barrel after tensi
9 Sept, 07:28
BBC Business
Neutral
Oil prices hit $100 for the first time since May
The price of Brent crude rose more than 5% on Thursday as the war in the Middle East continues to escalate.
23 Jul, 13:55
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(1)
FT UK
Oil hits $100 for first time since July
Brent crude advances amid fears of a renewed global supply crunch
9 Sept, 07:19
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