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Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns

Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns

Published August 12, 2026 · Category: Finance

Overview

Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

Source

Originally published at www.cnbc.com.

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