BENGALURU: Oil prices advanced on Tuesday, with Brent hovering around a five-month high as traders priced in a geopolitical risk premium from Houthi attacks on Saudi infrastructure and reports of vessel attacks in the Gulf. Brent crude futures climbed 55 cents, or 0.50 percent, to $110.10 a barrel by 06:19 a.m. Saudi time, after rising as high as $110.70 a barrel in the previous session to their highest since May 20. The US West Texas Intermediate crude contract for November delivery, set to
Business
Brent crude holds near five-month high on Middle East tension