Middle East Tensions Spike Oil Prices | Portland Maine News

Oil prices surged near $100 a barrel as Houthi strikes hit energy infrastructure, injuring 73 civilians — including women and children — prompting Saudi Arabia to demand an immediate halt to attacks. The U.S. is closely monitoring the situation, with some officials blaming Iran, while Houthi forces vow retaliation inside Saudi Arabia. Meanwhile, Iran announces plans to create a restricted zone around the Strait of Hormuz in response to U.S. economic pressure, as Washington responds with new sanctions targeting Iran’s aviation sector — a move Iran dismisses as ineffective and outdated. Tensions remain dangerously high, with escalating threats and countermeasures reshaping global trade and geopolitics. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7e63a4b4c49dbf75