EconomyOil surges past $107 as Hormuz attack and Saudi pipeline shutdown rattle markets
Brent crude rose above $107 a barrel on Monday morning after an attack on a merchant vessel in the Strait of Hormuz killed one crew member. Saudi Arabia also shut its main pipeline bypassing the waterway, reviving fears that Middle East supply routes are closing.
Eeuronews★★★★☆2026-09-14 07:40Original
Oil surges past $107 as Hormuz attack and Saudi pipeline shutdown rattle markets