Brent crude futures edged higher in early Asian trading on Monday, rising 0.6% as geopolitical tensions escalated. The uptick came after the United States vowed to continue military strikes against Yemen’s Houthis until they halt attacks on commercial shipping routes.
The recent U.S. airstrikes, the largest Middle East military operation since President Donald Trump took office, have already resulted in at least 53 casualties, according to Yemen’s Houthi-run health ministry. A U.S. official told Reuters that the campaign could extend for weeks as Washington seeks to protect global trade routes.
The Houthi-led disruptions have significantly impacted global commerce, forcing the U.S. military into costly operations to intercept missiles and drones targeting shipping vessels. As a result, Brent crude prices saw a 40-cent increase, trading at $70.98 per barrel at 2208 GMT on Monday.
The ongoing conflict in the Middle East, a crucial region for oil supply, has raised concerns over potential supply chain disruptions. Investors and analysts are closely monitoring the situation, as prolonged instability could push crude prices even higher in the coming weeks.
Oil traders remain cautious as geopolitical risks grow, with the possibility of extended U.S. military actions fueling uncertainty in global markets. Market analysts anticipate further fluctuations in oil prices depending on the conflict’s progression and its broader impact on energy security.
With rising tensions in the Red Sea region, the oil market remains volatile, and energy traders are bracing for potential price swings driven by further developments in U.S. military operations and Houthi responses. The coming days will be critical in determining the extent of the disruption and its effect on global crude prices.


IMF Forecasts Global Inflation Decline as Growth Remains Resilient
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors
Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals
Dollar Holds Firm as Markets Weigh Warsh-Led Fed and Yen Weakness Ahead of Japan Election
Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry
South Korea Factory Activity Hits 18-Month High as Export Demand Surges
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook
China Home Prices Rise in January as Government Signals Stronger Support for Property Market
Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S.
Gold Prices Stabilize in Asian Trade After Sharp Weekly Losses Amid Fed Uncertainty
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster 



