Oil prices surged over 2% after Houthi strikes on Saudi Arabia and attacks near the Strait of Hormuz raised global supply concerns. Read more at straitstimes.com. Read more at straitstimes.com.

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…