Strikes Against Saudi Tankers in the Red Sea Send Oil Past $100 a Barrel

Recent attacks on Saudi tankers in the Red Sea have driven oil prices past $100 a barrel, highlighting the volatile nature of global energy markets. President Trump has warned of potential retaliation against the Houthi militants, who are backed by Iran and claimed responsibility for the strikes. This escalation underscores the broader geopolitical tensions in the Middle East, where energy supply disruptions can have far-reaching economic implications. For now, the situation remains tense, with significant implications for global oil prices and international relations.