Oil hits near six-month high as Houthi attacks rattle Saudi Arabia
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Geopolitical instability remains the primary driver of energy inflation. Markets are signaling that supply chain security is now as critical as production capacity.
Geopolitical instability remains the primary driver of energy inflation. Markets are signaling that supply chain security is now as critical as production capacity.
Brent crude prices surged 3.2% to $112.35 per barrel, reaching a six-month high as Houthi militant attacks on Saudi Arabian infrastructure heighten supply concerns in global energy markets.
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