XLE & Oil
Oil Prices Dip but Hold Above $100 as Middle East Supply Threats Mount
Readthrough summary
Oil started the week slightly lower but stayed above $100, with WTI around $101 and Brent around $114 at writing, after Brent topped $116 last week. Houthi attacks on Saudi oil facilities over the weekend and a record number of tanker attacks in the Strait of Hormuz this month keep supply fears high; both benchmarks were under $60 at the end of 2025.
Summary written by Readthrough from the original article. The full story, with photos and any updates, is at OilPrice.com.
