New Delhi, Sept. 10 -- Crude oil prices surged on Thursday, September 10, with Brent crude climbing above $105 a barrel, as escalating attacks and disruptions across key Middle East shipping routes intensified concerns over global oil supplies.

Iran-backed Houthi militants have taken control of Yemen's Red Sea city of Mocha, three Yemeni government sources told Reuters. The move brings the Houthis closer to the strategic Bab el-Mandeb Strait, the sources said.

This poses a fresh threat to shipping through the strategically important Bab el-Mandeb Strait, while tanker attacks have intensified in the region and traffic through the Strait of Hormuz remains restricted.

International benchmark Brent crude rose nearly $5 to around $106 a bar...