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Houthi strikes on Saudi tankers push Brent crude to $98.88 a barrel
Money & Work

Houthi strikes on Saudi tankers push Brent crude to $98.88 a barrel

Brent crude rose near $100 as renewed US strikes on Iran and Houthi attacks on Saudi tankers pushed UK petrol and diesel prices sharply higher.

Why it mattersOil near $100 is reversing months of falling pump prices for UK drivers. If petrol reaches 160p it would surpass its 28 May Iran-war high, and a prolonged conflict makes that increasingly likely.

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