🚨 Saudi Arabia's oil supply routes are under pressure.


🇸🇦 Houthi threats in the Red Sea have forced 4+ tankers to change course via the Suez Canal, driving up transport costs.
If disruptions persist, $100+ oil could soon become reality. 🛢️📈
ExpertOfCrypto
🚨 Saudi Arabia's oil supply routes are under pressure.
🇸🇦 Houthi threats in the Red Sea have forced 4+ tankers to change course via the Suez Canal, driving up transport costs.
If disruptions persist, $100+ oil could soon become reality. 🛢️📈
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DeFiFarmerNoMeme
· 6h ago
If the Suez Canal gets stuck again, transportation costs will jump immediately. On top of that, OPEC is still cutting production, so it feels like oil prices hitting above $100 is only a matter of time.
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OrangePeelRadio
· 7h ago
The Houthis really went hard this round—oil prices crossing $100 is no idle talk.
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