Houthi militant attack on Saudi Arabian tankers threatens deeper supply disruptions

Houthi attacks are expanding the Middle East conflict into the Red Sea, forcing tankers to reroute and pushing Brent above $91 amid growing fears of prolonged supply disruptions.

SINGAPORE: Oil prices extended gains on Wednesday as fears of further supply disruptions intensified after US forces struck Iranian military targets for the 11th straight night,…

Brent crude futures rose $2.2 or 2.3 percent, to $96.27