Oil Prices Rise More Than 2% as Saudi Attacks and U.S.-Iran Risks Persist
Brent crude climbed above $111 a barrel as traders weighed renewed attacks on Saudi energy infrastructure and risks of further U.S.-Iran hostilities against recovering Middle East oil supplies. December Brent futures rose 2.7%.
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Brent Crude Climbs 3.1% to $112.18 a Barrel
By Farhan RafidOil prices rose more than 2% Thursday, with Brent crude climbing above $111 a barrel as traders weighed renewed attacks on Saudi energy infrastructure and the risk of further U.S.-Iran hostilities against recovering Middle East oil supplies.December Brent crude futures rose 2.7% to…