Brent Crude Hits Two-Month High Amid Houthi Strikes on Saudi Tankers

Brent crude climbed above $100 a barrel for the first time in two months.

Reports of Houthi attacks on two Saudi oil tankers raised fears of wider supply disruptions in the Middle East.

The oil spike is adding inflation pressure and increasing expectations of Federal Reserve tightening.

Higher energy prices could keep borrowing costs elevated and stoke market volatility.