Oil Prices Rise 2% After Saudi Airport and Tanker Attacks
Photo: TokenPost
Oil prices rose about 2% Monday after attacks in Saudi Arabia and against a tanker near the Strait of Hormuz intensified concerns about disruptions to global energy supplies. West Texas Intermediate climbed $1.93, or 2.10%, to $93.78 a barrel. Brent crude gained $2.09, or 2%, to $106.80. An Oct. 10 attack on King Khalid International Airport in Riyadh killed 12 people and injured 309. An outbound tanker was struck by an unidentified projectile in the Strait of Hormuz on Oct. 10. The crew was safe, while the incident involved a fire on board.
Source: TokenPost
