Oil prices have risen again, with Brent crude touching its highest since late April, after Houthi attacks in Saudi Arabia stoke concerns over further disruption to energy supplies from the Middle East, while UAE authorities report an oil spill, Reuters reports.
Brent crude futures have gained $3.18, or 2.81 per cent, to $116.35 a barrel as of 1806 GMT (11:06pm PKT). Brent’s session high of $117.45 iss the highest in nearly six months.
US West Texas Intermediate crude has climbed $3.50, or 3.52pc, to $102.97.
