Oil prices on international markets have marked increases Wednesday, amid concerns about global energy supply and escalation of tensions in the Middle East.
By Reuters, crude Brent oil rose 1.4%, reaching $1.47 per barrel, while American oil W You made $11.33 a barrel.
The increase came after reports of a missile attack on a large Saudi refinery. Yemen’s Hüth rebels claimed responsibility for the attack, while Saudi authorities had not immediately confirmed the event.
New developments have increased uncertainty in energy markets, which are sensitive to conflicts that could affect oil production and transport.
High oil prices could exert pressure on transport and production costs, with potential consequences for economies and consumers.
The situation remains unclear, while markets are closely following security developments in the region and their potential impact on energy supply.
Source Layer: Dukeagini
