BusinessPhoto: News18 BusinessBrent Crude Surpasses $111 Amid Saudi Attacks and Supply Fears
Crude oil prices surged with Brent futures rising above $111 per barrel due to fresh attacks on Saudi Arabia's energy infrastructure by Yemen’s Iran-aligned Houthi group. The attacks killed multiple people and escalated tensions in West Asia, raising fears of wider regional conflict and disruptions to oil production and transport. Brent rose 2.28% to $111.30, and WTI gained 2.17% to $99.26 per barrel.
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