Oil Prices Rise More Than 1% Amid Supply Concerns Following Reports of Attack on Saudi Refinery

Global oil prices rose by more than 1% on Wednesday amid concerns over crude supplies following reports of a missile attack on a major Saudi Arabian refinery.

Brent crude futures climbed to approximately $115.47 per barrel, while US West Texas Intermediate rose to around $101.33. The increase reflects continued regional tensions and market concerns about potential disruptions to global energy supplies.