Oil prices jumped over $3 per barrel after drone strikes hit Saudi Arabia's East-West pipeline and a vessel was struck in the Strait of Hormuz.

Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.

BEIJING: Oil prices rose more than US$3 a barrel at the market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday (Sep 13).Brent crude futures…