How Escalating Attacks in Yemen Impact Global Oil Trade The escalating attacks in Yemen have pushed oil prices above $100 a barrel, but this is more than just another spike in energy costs.
It's a stark reminder that the world's most critical trade routes are under threat from multiple fronts.
For those following the story of the Red Sea, it's no surprise that Houthi territorial gains near the Bab el Mandeb Strait have captured global attention.