Energy & Petrochemicals #crude oil#futures
Crude Oil Futures Rise After Reports of Separate Ship Attacks in West Asia
Crude oil futures rose on Wednesday morning after reports of separate attacks on ships by Houthi forces and US forces in the Bab el-Mandeb Strait and the Gulf of Oman. October Brent was at $89.69 and September WTI at $83.99, while MCX crude futures gained over 1 per cent. US Central Command reported disabling a Panama-flagged vessel attempting to run the blockade against Iran.
Aug 12, 2026 1 source