Analysts warn: New shipping disruption will shake global markets
by editors@theworld.org (Joyce Hackel) from The World: Latest Stories on (#776J2)
Houthi rebel attacks on two Saudi oil tankers in the Red Sea and their blockade of the Bab el-Mandeb Strait are hiking oil prices. Brent crude has climbed above $100 a barrel. Chatham House's Nitya Labh tells The World's Host Marco Werman investors are worried that prolonged disruptions could reduce global oil supplies and push prices even higher.