America’s nightmare just began: One spark and oil goes nuclear? Houthis attack & Mojtaba watches

Published on Oct 08, 2026 02:56 am IST

Oil prices have surged back above $100 a barrel as a Gulf storm, Strait of Hormuz attacks and escalating Houthi strikes on Saudi Arabia pile fresh pressure on global energy markets. With major U.S. offshore production and Gulf Coast refineries facing disruption risks, the latest moves are raising questions over whether Washington and its Gulf allies can contain a widening energy shock.

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