Business

Oil Prices Surge Due to Attacks

Updated 2026-08-12 05:10 UTC 1 source Positive

Oil prices surged after attacks on vessels in the Red Sea and Gulf of Oman raised concerns over global shipping routes. The incidents heighten worries about supply disruptions.

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CNBC
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.
2026-08-12 04:56 UTC
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