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Breaking Posted 14 days ago

Brent Crude Rises to $102.20 on Shipping Attack Supply Risk

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Brent crude climbed to $102.20/barrel as shipping attacks in key maritime lanes threaten global oil supply. Energy price moves feed CAD weakness and EUR strength through import-cost channels. Traders watch whether sustained crude pressure reshapes central-bank inflation expectations ahead of next week's employment data.
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2 weeks ago

Tanker attacked near Qatar; Hormuz shipping risks rise

A tanker sustained multiple projectile hits off Qatar's north coast, according to UK maritime authority UKMTO, which reports escalating vessel attacks in the Strait of Hormuz. Energy traders monitor chokepoint disruptions closely; crude and energy-linked currencies face volatility if attacks disrupt oil flows through this critical shipping lane.

https://www.aljazeera.com/news/2026/10/8/tanker-hit-by-multiple-projectiles-off-north-coast-of-qatar-ukmto-says?traffic_source=rss
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