Oil hits $111 as Houthi strikes on Saudi Arabia reignite inflation fears
Brent's five-month high tightens supply, lifts diesel costs, and puts a second straight Fed rate hike back on the table for next week.
By Turki Al-Mutairi·· 3 min

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3 briefings · “strikes”
Brent's five-month high tightens supply, lifts diesel costs, and puts a second straight Fed rate hike back on the table for next week.
The Boeing 767, operated by 21 Air, was arriving from San Juan when it overshot the runway, triggering a ground stop and multiple injuries.
The strait of Hormuz is back at the center of a live conflict, with tanker fires and reprisal attacks threatening the world's key oil chokepoint.