Oil prices are surging past $100 for Brent and $91 for WTI as global supply chains face multiple crises—Houthi attacks in the Red Sea, drone strikes halting Kazakh shipments, and historic low reserves fueling panic. With U.S. gas prices climbing above $4 a gallon and midterm elections looming, voters are watching closely as the White House weighs diplomatic action to ease the pressure.
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