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'The situation escalated with NATO forces launching airstrikes against Houthi targets'.

'The situation necessitates heightened vigilance and robust security measures'.

'This event was labeled by Israel as an act of terrorism'.

'West Africa continues to represent the most significant and persistent decline in incidents'.

Several countries have a 'critical' risk and impact rating in Dryad's latest MSTA.

Brent oil futures have already surged by almost a quarter since late June .

'Another week of U.S. crude and fuel draws and we have piddly oil prices'.

'It was an unusual type of decision as well as the form of the communication'.

'Even with the current focus on potential supply disruption, increasing macro concerns and the potential impact on demand are shaping views and positioning'.

One of Rigzone's regular market watchers looks at oil price trends, the drivers of price weakness, the start of European sanctions on Russian crude and more.