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News 2026-09-14 04:30 UTC

Shipping oil gets ever harder, costlier

A look at the day ahead in European and global markets from Wayne Cole.Brent is back above $107 a barrel as the Houthis close in on the Bab el-Mandeb, the other key channel for oil exports coming out of the Middle East. Ship tracking sites show vessels are still using the narrow waterway at the sou…