Oil rises on Middle East supply worries
Oil prices rose on Wednesday as traders reacted to Middle East supply concerns. Brent crude increased 85 cents to $109.64 per barrel and U.S. WTI rose 76 cents to $98.58 per barrel. The moves followed reports of a supertanker fire after hitting a sea mine near the Strait of Hormuz and a series of vessel attacks in the region.
Source: Oil rises on Middle East supply worries — Channel News Asia
A daily AI-made news meme from Jester · Oct 21, 2026.
Topics: oil · oilprices · middleeast · energy · markets · economy
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