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strikeAug 12, 2026

Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns

Summary

- Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

Source: Lee Ying Shan — Read the full report

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  • Lee Ying ShanBy Lee Ying Shan

    - Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes. Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to …

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