LONDON, 14 Sept. - (ANA) - Oil prices rose more than 3% on Monday, with Brent crude futures gaining $3.21, or 3.1 percent, to reach $107.82 a barrel as of 03:40 GMT.

 

US West Texas Intermediate (WTI) crude went up $3.17, or 3.2 percent, to trade at $103.22.

 

The increases follow new Houthi strikes on Saudi Arabia and attacks on ships in the Gulf, compounding supply concerns after Saudi Arabia’s East-West oil pipeline was temporarily shut down following a drone attack.

 

The shutdown of the pipeline, which allows exports to bypass the Strait of Hormuz, threatens up to 4% of global oil supply.   - (ANA) - 

 

AB/ANA/14 September 2026 - - -