Brent Nears Five-Month High Amid Middle East Tensions

Brent crude held near its highest level in five months as traders factored in a geopolitical risk premium. Sources linked this to Houthi attacks on Saudi facilities and reports of ships being targeted in the Gulf, while other sources pointed to concerns over Iranian attacks in the Strait of Hormuz.

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• Sources attributed the price rise to a geopolitical risk premium stemming from Houthi attacks on Saudi infrastructure and reports of other attacks.

  «أخذ المتعاملون في الحسبان علاوة مخاطر جيوسياسية نتيجة هجمات الحوثيين على البنية ​التحتية السعودية»

  صحيفة عاجل on MSN • سكاي نيوز عربية
• One source said traders are weighing the risk of Iranian attacks in the Strait of Hormuz against the continued strong flow of oil from the Gulf.

  «مع موازنة المتعاملين بين مخاطر شن إيران مزيداً من الهجمات في مضيق هرمز، واستمرار التدفقات القوية للنفط الخام من مياه الخليج العربي»

  صحيفة الاقتصادية on MSN
• Reports said Brent had surpassed $110 a barrel or was holding at that level.

  «برنت يتجاوز 110 دولارات للبرميل مع استمرار التوترات»

  الشرق الأوسط • إرم بزنس • سكاي نيوز عربية
• Reports pointed to attacks on ships in the Gulf as one of the sources of geopolitical concern.

  «عقب هجمات الحوثيين على منشآت سعودية وتقارير عن استهداف سفن في الخليج»

  العين الإخبارية • سكاي نيوز عربية

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