NEW YORK, Sept 14 : Oil prices settled about 1 per cent higher on Monday as worries about energy supplies mounted following new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East.Both crude benchmarks jumped almost 5 per cent, then retreated from session highs after U.S.

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…

Oil prices rose more than 2% on Monday as fresh Houthi attacks on Saudi Arabia and Iranian strikes on vessels in the Gulf added to supply concerns following the shutdown of a key…