Oil Soars Above $100 as Middle East Fears Grow

of that shipping channel would remove more oil from the market.

“Investors are in a wary mood… as fresh jitters of worry about the ongoing energy crunch hit sentiment,” said Susannah Streeter, chief investment strategist at Wealth Club.

“With both the Strait of Hormuz and the Red Sea now under increasing pressure, markets are bracing for the possibility continue reading …