Brent crude hits highest level since May
Oil prices jumped as renewed attacks in Saudi Arabia raised supply concerns. Brent crude futures climbed to $112.17 a barrel, reaching their highest level since May.
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Brent Crude Oil climbed $3.35 or 3.08% to $112.17 a barrel during Thursday morning trading after drone strikes in Saudi Arabia disrupted crude supplies. Prices reached their highest level since May 18 amid mounting supply concerns across key exporting regions. The escalation heightens energy market volatility as geopolitical tensions persist across the Middle East.
