Oil Prices Rise as Middle East Supply Concerns Intensify

Global oil prices rose at their latest close as mounting fears of disruption to Middle Eastern energy supplies weighed on the market.

The increase followed Houthi attacks on facilities, raising concerns about the security of energy infrastructure in the region.

The available details did not identify the facilities targeted or establish whether the attacks had caused any interruption to energy supplies.

The price movement reflected heightened anxiety over potential disruption, rather than a confirmed loss of supply. The scale of the increase was not specified.