Middle East fighting drives oil above $100

Photo — Fahrettin Turgut / Pexels

This is the clearest high-impact global breaking story because it combines military escalation with direct economic consequences. Reuters reports that Iran said it attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, while other coverage says the U.S. has also imposed fresh Iran-related sanctions and targeted additional tankers and aviation-linked entities. The result is a sharp jump in oil prices and renewed fears of prolonged disruption to one of the world’s most important energy corridors.

Sources: Reuters, CNN, ABC News, Times of India