Brent Nears $100 as Middle East Strikes Rekindle Oil Supply Fears

‼️ 🇮🇷 🇸🇦 BREAKIKG: Brent crude climbed to its highest level since late July, rising about 1% to settle near $98 a barrel after briefly touching $98.99, as fresh strikes on Middle East energy infrastructure— including reported explosions at Iran’s key export terminal on Kharg Island—renewed supply-disruption fears. The rally was further supported after Saudi Arabia said Houthi attacks forced temporary halts at several of its energy facilities, underscoring the region’s vulnerability to escalation.

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