IAHL Corporation (IAHL)

[energybuyer]

There are no signs of respite in Israel’s offensive in Gaza while attacks by Iran-aligned Houthis on commercial vessels in the Red Sea have continued despite retaliatory measures from the United States.

The situation has served to tighten European and African crude markets and on friday pushed the front-month Brent contract's premium to the six-month contract to its widest since November.