Oil prices climbed Wednesday as investors weighed the prospect of a prolonged conflict in the Middle East.
Yemen’s Iran-aligned Houthis said they had hit Saudi Arabia’s biggest oil refinery with a missile, intensifying their strikes against the world’s second-largest crude producer
Oil prices rise as investors watch Iran talks, Houthi attacks, Middle East tensions and falling Gulf oil exports amid concerns about global fuel supplies.
Renewed diplomatic efforts to end the U.S.-Israeli war with Iran pushed oil prices lower
Oil prices fell, with U.S. benchmark crude slipping back under $100 a barrel as traders held out hopes for regional diplomatic efforts to ease Middle East tensions.
Oil prices fell as traders considered diplomatic efforts to ease U.S.-Iran hostilities, while further Houthi attacks on Saudi Arabia kept concerns about Middle East supply risks alive.
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