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Brent oil nears $100 after surging 5% on Mideast attacks

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Brent oil nears $100 after surging 5% on Mideast attacks
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The price of main international oil contract, Brent North Sea, soared five percent Thursday after Houthi rebels claimed to have struck two Saudi oil tankers in the Red Sea.

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Brent reached $98.80 a barrel while main US contract, West Texas Intermediate, rallied 3.8 percent to $90.11 a barrel, as the attacks potentially opened a new front in the Middle East war.

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