IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

Oil rises 2 percent on Saudi attacks

Oil prices climbed two percent to near two-week highs on Monday as fresh attacks on Saudi Arabia overshadowed news of increased Russian diesel supplies and a tentative energy ceasefire.

Xurve View
Insights:
FILE PHOTO: Oil tanker JORYA sails at the sea near the Omani coast, as seen from Musandam, Oman, June 25, 2026. REUTERS/Stringer/File Photo

Brent Crude Oil futures rose 2% to $106.76 a barrel on Monday morning after military strikes in Saudi Arabia outweighed supply additions from United States President Donald Trump's diesel agreement with Russia .
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.