Brent crude rises above $95 after renewed US attacks unset oil markets

source of renewed attacks and military action affecting oil markets

The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic consisting of 50 states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean.

critical route for global oil flows and oil chokepoint

The Strait of Hormuz is a waterway between the Persian Gulf and the Gulf of Oman. On the north coast lies Iran, and on the south coast lies the Musandam Peninsula under the Musandam Governorate of Oman, with a portion of the southwest of the peninsula under the United Arab Emirates (UAE). The strait is about 104 miles long, with a width varying from about 60 mi to 24 mi.

provided market coverage identifying Hormuz as important for oil flows

Reuters is a British news agency wholly owned by Thomson Reuters, a multinational information conglomerate. It employs around 2,500 journalists and 600 photojournalists in 200 locations and 165 countries worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world.

region where Brent is used as a key crude benchmark

Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 including adjacent islands, it covers around 20% of Earth's land area and 6% of its total surface area. With nearly 1.4 billion of the world's human population, Africa's population is the youngest among all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4.

region where Brent is used as a key crude benchmark

Asia is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilisations. Its 4.7 billion people constitute roughly 60% of the world's population.