Middle East tensions are once again driving up global oil prices, with Brent crude climbing above $100 a barrel for the first time since May. While much of the focus has been on the strategic Strait of Hormuz, the alternative shipping route through the Red Sea is becoming increasingly dangerous after Yemen’s Iran-backed Houthi rebels said they targeted two Saudi oil tankers. The escalation comes as US President Donald Trump said on Thursday he was considering a “massive attack” on Iran, prompting Tehran to warn it would hold accountable any country that assists the United States in such an operation. France 24 International Affairs Editor Andrew Hilliar shares further insights.
FRANCE 24