FILE PHOTO: A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo

Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz

· CNA · Join

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

BEIJING, Sept 14 : Oil prices rose more than $3 at market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday.

Brent crude futures rose $3.62, or 3.46 per cent, to $108.23 per barrel as of 22:14 GMT (Sunday). WTI futures rose $3.15, or 3.15 per cent, to $103.20 per barrel.

Source: Reuters

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here