December futures for both West Texas Intermediate and Brent crossed $100 a barrel as traders weighed persistent Middle East supply risks, including attacks in the Strait of Hormuz and Houthi...
Oil extended its rally on Tuesday as investors continued to monitor developments in the Middle East.
Oil prices advanced, with Brent hovering around a five-month high as traders priced in a geopolitical risk premium from Houthi attacks on Saudi infrastructure.
Oil prices remain firmly supported, with ICE Brent hovering around $110/bbl as markets stay focused on persistent risks to Middle Eastern supply
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