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Oil Prices Are Rising Due to Kiev's Statements and Attacks on Saudi Arabia, Bloomberg Writes

Summary
Oil prices are rising due to Kiev's statements and attacks on Saudi Arabia, Bloomberg writes.The price of Brent crude oil rose to almost $106 per barrel after Zelensky announced that strikes against Russia would continue.
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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The international price of Brent oil has recorded a new increase, exceeding $106 per barrel, from around $104 in the morning, ...

Oil prices are supported on Monday by the attacks claimed by Yemen's Houthis against Saudi airports and energy infrastructure this weekend, despite the hope of an "energy cease-fire" between Ukraine and Russia. Around 09:45 GMT (11:45 HEC), the price of the Brent barrel of the North Sea, for delivery in [...]

Brent exceeds $106, the highest level in the last 15 days, after the deadly attack on a Saudi Arabian airport, while Ukraine reports a violation of the ceasefire in…More...

·Greece
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London: Oil prices rose on Monday, driven by attacks claimed by the Houthi rebels in Yemen on Saudi airports and energy facilities over the weekend, despite hopes for an agreement between Ukraine and Russia to halt attacks on energy infrastructure. Around 9:45 GMT, the price of Brent crude for December delivery rose 1.30% to $106.08 a barrel. [The text abruptly ends here.]

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IBTimes Australia broke the news in New York, United States on Monday, October 12, 2026.
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