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Brent crude hovers near $109 a barrel as Ukraine resumes energy strikes, tankers attacked in Middle East
Crude oil prices hovered near recent highs on Sunday as traders weighed a Ukraine bombing of oil facilities in Russia and more tankers coming under attack in the Persian Gulf.
AI Summary
Crude oil prices stayed close to recent peaks on Sunday as traders reacted to a Ukrainian bombing of oil facilities in Russia and renewed attacks on tankers in the Persian Gulf. Brent crude futures slipped $1.04 to $108.82 a barrel, while U.S. West Texas Intermediate fell 26 cents to $101.15 a barrel. The market’s near‑high levels reflect the combined impact of the Ukraine strike and the Gulf tanker incidents.
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