Brent tops $100 as Red Sea tensions rise

Brent crude rose above $100 a barrel as Houthi attacks on Saudi oil tankers in the Red Sea heightened concerns over disruptions to key export routes like Bab al-Mandeb, signaling renewed geopolitical risk to global oil supplies. The price surge reflects potential supply constraints and could influence inflation pressures and monetary policy, with U.S. and regional tensions adding to the risk outlook.