Oil Prices Rise After Hormuz Tanker Attack and Houthi Claims
Oil prices rose after an attack on a tanker transiting the Strait of Hormuz and renewed Houthi claims of strikes on Saudi energy infrastructure heightened concerns over Middle East oil supplies. December Brent crude futures rose 1.4% to $116.53 a barrel; the WTI figure is truncated in the supplied text.
By Farhan RafidOil prices rose Friday after an attack on a tanker transiting the Strait of Hormuz and renewed Houthi claims of strikes on Saudi energy infrastructure heightened concerns over Middle East oil supplies.December Brent crude futures rose 1.4% to $116.53 a barrel, while December West Tex…