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Two More Tankers Hit Off Saudi Coast As Brent Tops $110
Two More Tankers Hit Off Saudi Coast As Brent Tops $110 Brent crude topped $110 a barrel to end the week for the first time since May as drone and missile attacks on energy infrastructure, from the Gulf to the war in Ukraine, cast a very dark cloud over oil and products market ahead of the Northern Hemisphere winter. The global benchmark rose 3.7% Friday, marking the second consecutive week of gains as traders ramped up bullish bets on crude ahead of the weekend. Bloomberg reports that two tankers were struck near Jubail, a port city in Saudi Arabia. The first tanker, 78 nau