Oil rises as Middle East and Russia-Ukraine clashes threaten supply
AI-generated briefing · First published
Brent settled above $106 a barrel and WTI gained 1% after Houthi strikes hit Saudi Aramco and attacks on tankers in the Strait of Hormuz escalated.
Brent settled at $106.06 a barrel and WTI closed at $95.09 after Iran-backed Houthi forces struck Saudi Aramco headquarters and stepped up attacks on tankers in the Strait of Hormuz. [1] [2]
Russia and Ukraine also targeted each other’s energy infrastructure, adding pressure on diesel supplies that have already doubled in price this year. [1]
The International Energy Agency warned that global diesel and fuel supplies will remain under pressure next year despite weaker consumption forecasts. [1]
Sources
- 原油：油价小幅上涨 中东和俄乌冲突加剧威胁供应
Sina Finance · · Full text
- Oil Gains as Middle East, Russia Hostilities Imperil Flows
Bloomberg · · Summary only