"The cost of a barrel of crude surged past $100 last week for the first time since July, as the strait of Hormuz remained all but closed to tanker traffic and Houthi rebels advanced along the Red Sea coast, threatening to choke off Saudi oil supplies.
Oil prices eased slightly on Friday amid hopes of fresh talks to reopen the waterway but remained well above levels in the summer, when Middle East hostilities temporarily abated."
Framing: assertive ·
First seen: 2026-09-15 ·
Last seen: 2026-09-15 ·
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