Why Middle East tensions are pushing oil prices above 100

Brent crude has risen above $100 a barrel as war in Iran disrupts shipping through the Strait of Hormuz, while the Houthis' capture of Mayun Island raises concerns over another major oil route through the Bab al-Mandeb. JD Vance insists US is'on top of' Houthi advance in Red Sea China rejects AI'threat narratives', urges global cooperation US may be'forced to intervene' in the Red Sea