Saudi Attacks Send Brent Oil Prices Soaring Near $100

Brent oil prices surged near $100 per barrel after Saudi Arabia reported that attacks had halted operations at several energy facilities in the kingdom's south.

The global benchmark, Brent crude, rallied last week on a flare-up in Middle East hostilities and a pick-up in buying by China, the world's largest importer.

Saudi Arabia said the attacks disrupted production at several facilities, but did not provide further details. The disruptions are expected to impact oil supplies globally.