Oil prices just hit $100 a barrel again. Here’s what that could mean for consumers

Brent crude oil prices hit $100 a barrel on Thursday for the first time since May, after reports that Yemen’s Iran-backed Houthis struck two Saudi oil tankers in the Red Sea located near the Strait of Hormuz, per CNN. West Texas Intermediate futures, a benchmark for U.S. oil prices, also broke the $90 per barrel threshold, hitting $92.25 at the time of this writing. At the same time, Jordan and Kuwait, both U.S. allies, reported fresh attacks from Iran on U.S. strategic interests in their…