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Oil prices rebound after Houthis say they attacked Saudi tanker | live
By Robert Harvey LONDON, Aug 5 (Reuters) - Oil prices rose on Wednesday after Yemen's Iran-aligned Houthi rebels said they attacked a Saudi oil tanker in the Red Sea, denting hopes of a de-escalation in Iran war hostilities that could restore shipping traffic and oil flows in the Middle East. Brent crude futures were up $1.51, or 1.9%, at $80.87 a barrel by 1123 GMT. U.S. West Texas Intermediate futures gained 90 cents, or 1.19%, to $76.67.
By Robert Harvey LONDON, Aug 5 (Reuters) - Oil prices rose on Wednesday after Yemen's Iran-aligned Houthi rebels said they attacked a Saudi oil tanker in the Red Sea, denting hopes of a de-escalation in Iran war hostilities that could restore shipping traffic and oil flows in the Middle East. Brent crude futures were up $1.51, or 1.9%, at $80.87 a barrel by 1123 GMT. U.S. West Texas Intermediate futures gained 90 cents, or 1.19%, to $76.67.
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