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Oil Prices Rise on Saudi Attacks and Iran Shipping Tactics

Oil prices rose after Houthi attacks targeted Saudi Aramco and Iran deployed new tactics against tankers. Brent crude settled higher while WTI reached a three-week peak amid growing market fears.

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FILE PHOTO: A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo

Brent Crude Oil rose 37 cents to $106.06 a barrel on Wednesday following attacks on Saudi Arabia and new shipping threats by Iran.
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