EnergyLive Wire · AI-collected
Oil Prices Rebound After Houthis Say They Attacked Saudi Tanker
3-line summary
- Brent crude rose 1.9% to $80.87 a barrel and WTI gained 1.19% to $76.67 after Yemen's Houthi rebels said they attacked a Saudi oil tanker off Yanbu, denting hopes of Iran war de-escalation, according to the report.
- Iran denied that peace talks were under way, contrary to assertions by President Trump, while the attack reversed part of Tuesday's roughly 5% price drop that had followed Qatar-mediated progress reports, per the report.
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