The European Union (EU) strongly condemned the attack by the Iranian-backed Houthi terrorist militias on the commercial ship (MINERVAGRACHT), which flies the Dutch flag in the Gulf of Aden.
Oil prices rose today, Thursday, ending a three-day losing streak, recovering from their lowest levels in 16 weeks, but expectations of increased supply from "OPEC+" next month limited the gains.
SINGAPORE-SABA
Oil prices hit their highest level today, Monday, in more than three months at the open, on anticipations that Russian oil supplies to China and India may be affected.
Brent crude futures rose $1.35, or 1.69 percent, to $81.11 a barrel, after hitting an intraday high of $81.44, the highest since Aug. 27.
U.S. West Texas Intermediate crude rose $1.40, or 1.83 percent to $77.97 a barrel after touching a high of $78.32, the highest since Oct. 8.