Brent Crude Holds Near Five-Month High on Middle East Tension
Brent crude futures hovered around a five-month high as traders priced in a geopolitical risk premium amid reported Houthi attacks on Saudi infrastructure and vessel attacks in the Gulf.
By Anjana Anil and Siyi LiuOil prices advanced on Tuesday, with Brent hovering around a five-month high as traders priced in a geopolitical risk premium from Houthi attacks on Saudi infrastructure and reports of vessel attacks in the Gulf.Brent crude futures ICEEUR:BRN1! climbed 55 cents, or 0.50…