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Oil rises by more than 2% after strikes on Saudi Arabia and shelling of ships in the Persian Gulf

Oil is rising by more than 2% on Monday after new Houthi strikes on Saudi Arabia and shelling of ships in the Persian Gulf by Iran. By 09:50 MSK, Brent had risen 2.49% to $107.22 per barrel, and WTI — by 2.6% to $102.65 per barrel.

#MiddleEast #Iran #oil #StraitofHormuz #SaudiArabia #Houthis #Economy

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