Oil prices climbed on Wednesday following an attack on a refinery in Saudi Arabia, the world's largest crude exporter. The incident has reignited worries about supply disruptions in the Middle East due to ongoing tensions between Iran and its regional proxies.
Brent crude futures surged by $1.48, or 1.3%, reaching $115.36 per barrel as of 0140 GMT. Meanwhile, US West Texas Intermediate crude rose $1.22, or 1.22%, to $101.12.
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