Oil prices have risen above $100 a barrel for the first time since May, driven by escalating tensions in the Middle East. Brent crude, the global benchmark, crossed the $100 mark as concerns over supply disruptions grew. Much of the focus has been on the Strait of Hormuz, a vital shipping route. However, shipping through the Red Sea is also facing increased threats. Yemen's Iran-backed Houthi rebels said they targeted two Saudi oil tankers, further raising worries about the safety of oil shipments. The price surge comes amid heightened rhetoric between the United States and Iran. U.S. President Donald Trump said he is considering a 'massive attack' on Iran. In response, Tehran warned that it would hold accountable any country that supports a U.S. strike. The situation remains volatile, and markets are closely watching for any further developments that could affect oil supplies. The increase in oil prices could have broader economic implications, as higher energy costs often translate into higher prices for consumers and businesses. Analysts say the market is reacting to the potential for a conflict that could disrupt oil production and transport in one of the world's most important oil-producing regions. The last time Brent crude traded above $100 a barrel was in May, before prices had dropped amid global economic concerns. Now, geopolitical risks are once again driving prices upward.