Oil Prices Rise on Saudi Attack Fears
Oil prices climbed on supply concerns after Yemeni Houthi attacks targeted Saudi Arabian oil infrastructure. Brent crude rose to 115.74 dollars a barrel as regional tensions escalated.
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Brent Crude Oil rose 86 cents to $115.74 a barrel in Friday morning trade after Yemen's Houthi forces targeted energy sites in Saudi Arabia. The rally puts crude on track for a 14% monthly gain, its steepest rise since July.
