00:00Oil prices climbed again today, and the reason comes down to one word, shipping.
00:05Crude moved higher as traders weighed growing concerns over supply from the Middle East.
00:10According to Reuters and CNA, the increase was driven by persistent worries over attacks on vessels moving through the region,
00:18a key route for global energy.
00:20No specific casualty figures were confirmed, but the threat to shipping lanes continues to unsettle markets.
00:26Analysts are watching closely because sustained disruption could push prices higher and raise costs at the pump in the weeks
00:33ahead.
00:35The full story is in the description below.
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