Oil Jumps 2% as Saudi Attacks and Tanker Strikes Revive Hormuz Fears
Oil prices rose 2% Monday after Houthi attacks on Saudi Arabia and tanker strikes near Hormuz, with Brent at $106.80 and WTI at $93.78.
Oil prices climbed to their highest levels in nearly two weeks on Monday morning as fresh attacks on Saudi Arabia and oil tankers near the Strait of Hormuz put Middle East supply risks back at the center of the market, outweighing President Donald Tr... [2896 chars]
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- Monday, 12 October 2026, 7:05 pm IST
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