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Battle with Iran-backed Houthis in Yemen tempers news on oil flow
Brent crude hovers around $100 a barrel despite news of increased Mideast oil flows, as Iran's Houthi allies battle over control of Red Sea shipping lanes.
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Source context: Brent crude hovers around $100 a barrel despite news of increased Mideast oil flows, as Iran's Houthi allies battle over control of Red Sea shipping lanes.
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Coverage from 10/5/2026, 11:39:45 AM UTC to 10/6/2026, 4:18:10 PM UTC. A missing source may reflect feed or matching limitations.
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Brent crude hovers around $100 a barrel despite news of increased Mideast oil flows, as Iran's Houthi allies battle over control of Red Sea shipping lanes.
Iran has increased the pace of attacks on tankers in the Strait of Hormuz in recent days, just as oil shipments through the world’s most important energy chokepoint approach prewar levels.
Oil markets remain on edge over potential Middle East supply disruptions, with Brent trading around $100 a barrel as the risk of further escalation persists.
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The Strait of Hormuz remains open this week, with shipments nearing prewar levels, but fuel prices won’t follow suit until diesel shipments resume and countries replenish their oil inventories. Last week, the U.S. Strategic Petroleum Reserve fell to a low it hadn’t seen since 1982 — when the emergency stockpile was in its infancy and ...
