Oil prices are climbing again, and the latest developments in the Middle East are raising fresh concerns about how much longer global energy markets can withstand the escalating conflict.
With Iranian-backed militants striking Saudi Arabia and commercial vessels facing mounting dangers in one of the world’s most important shipping corridors, the consequences of the ongoing war are becoming increasingly difficult to contain.
Now, a brazen attack on the headquarters of Saudi Arabia’s largest oil company has delivered another warning about the vulnerability of the world’s energy supplies.
