Brent oil jumped above psychological $100 barrier on Thursday, hitting the levels last traded in late May, as fresh escalation in the Middle East after Yemen’s Houthis hit two Saudi oil tankers in the Bab el-Mandeb straight caused further uncertainty in global oil supply. Closure of the Red Sea, Saudi Arabia’s alternative route for shipping […]The post Brent Price Rises Above $100 Per Barrel as Supply Disruption Widens appeared first on ActionForex.