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Oil rises further above $100 on Saudi supply risk

By CityCalc Newsroom · Fri Sep 11 2026 · Source: AGBI

Oil prices strengthened further above $100 a barrel in early Friday trading after Iran-backed Houthis captured Yemen’s Mokha port city, raising the risk of disruption to Saudi oil supplies through the Bab al-Mandab Strait. Brent crude futures rose 1 percent to $108.68 by 00:45 G…

Oil prices strengthened further above $100 a barrel in early Friday trading after Iran-backed Houthis captured Yemen’s Mokha port city, raising the risk of disruption to Saudi oil supplies through the Bab al-Mandab Strait. Brent crude futures rose 1 percent to $108.68 by 00:45 G…

Curated by CityCalc from AGBI. Read the full article at the source.

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