WS #16561
Brent crude has surged past $115 per barrel following confirmed Houthi attacks on Saudi oil infrastructure and a projectile strike on a tanker in the Strait of Hormuz. This supply disruption is compounding existing tensions from Russian refinery strikes, creating a severe energy inflation shock that is pressuring consumer discretionary, airlines, and shipping while benefiting energy producers and defense contractors.
Energy Supply Shock and Geopolitical Escalation
Brent crude has surged past $115 per barrel following confirmed Houthi attacks on Saudi oil infrastructure and a projectile strike on a tanker in the Strait of Hormuz. This supply disruption is compounding existing tensions from Russian refinery strikes, creating a severe energy inflation shock that is pressuring consumer discretionary, airlines, and shipping while benefiting energy producers and defense contractors.