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Oil prices rise as Gulf of Oman spill worsens and attacks stoke disruption fears
CNBC Markets said an oil spill near Oman continued to worsen after deadly attacks on vessels in the Gulf of Oman and the Red Sea.
Oil prices rose as investors weighed growing supply disruption risks in the Gulf of Oman and the Red Sea, according to CNBC Markets.
The outlet cited news of recent deadly attacks on vessels in the region as a key driver for higher oil.
It also pointed to an oil spill near Oman that continued to worsen, adding to concerns about impacts to nearby operations and logistics.
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