Oil is back above $100 a barrel for the first time since May, and the situation in the Middle East is getting even more complicated. With Iran-backed Houthis targeting shipping in the Red Sea and critical oil routes coming under pressure, what happens next for global energy markets? Ben Cahill of the Atlantic Council breaks down what’s driving prices higher, who stands to lose the most, and whether consumers should be preparing for another inflationary shock.
Chapters:
00:00 Intro
01:22 Saudi oil exports at risk
02:59 Houthi attacks in the Red Sea
04:33 Growing threat to global supply
08:00 How high could oil prices go?
10:40 Rising inflation and energy costs
13:34 EVs, fuel bills and consumer impact
#oilprices #usa #iranwar #houthis #dwnews
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