Brent crude reaches $83 after new attacks

The Daily Journal.- Oil prices started the week higher as the market grew increasingly skeptical about a potential agreement in the Middle East to reopen the Strait of Hormuz. North Sea Brent crude for October delivery rose 1.29% to $83.55 per barrel. Its U.S. counterpart, West Texas Intermediate (WTI) crude for September delivery, gained 1.15% […]

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Houthis Attack Saudi Refinery After Pact With Turkey and Pakistan

 Julio A. López, Editor-in-Chief.— Yemen’s Iran-aligned Houthi movement claimed responsibility on Sunday for a new drone attack on Saudi Aramco’s refinery in Jazan, just two days after Saudi Arabia signed a defense pact with Turkey and Pakistan in response to growing regional instability stemming from the war between the United States, Israel, and Iran. The […]

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