Global oil prices experienced an upward trajectory on Monday following a drone attack on U.S. forces in Jordan, raising concerns about potential disruptions to the Middle East’s oil supply. The incident coincided with intensified attacks by Houthi rebels on vessels in the Red Sea, notably targeting a fuel tanker operated by Trafigura.

Brent crude futures saw a rise of 29 cents, equivalent to 0.4%, reaching $83.84 per barrel, with an intraday high of $84.80. Concurrently, U.S. West Texas........

https://ratecaptain.com/oil-prices-surge-amidst-middle-east-tensions-and-supply-concerns/