Highlights Stability in Oil Prices Amid Red Sea Tensions Global Supply Dynamics Influenced by Geopolitical Events Oil Market Adapts to Red Sea Crisis and Supply Shifts Advertisement Overview Oil markets experienced minimal movement on Tuesday, despite disruptions in the Red Sea caused by Yemen’s Houthi militants. This geopolitical tension has raised questions about the future of oil prices and the impact on global maritime trade. At 07:00 GMT, February Brent crude oil is trading $78.08, up $0.13