Oil prices continued their surge, rising more than 3% on Monday, after new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Strait of Hormuz compounded supply concerns.

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…