Oil prices rose 1 percent on Monday on concerns about fuel supplies after a rocket hit a fuel tanker operated by Trafigura in the Red Sea. This comes as Russia's exports of refined petroleum products are heading down as many refineries continue to be repaired after being hit by drone attacks.
Brent crude futures rose 83 cents to $84.38 a barrel after hitting a session high of $84.80. U.S. West Texas Intermediate crude rose 78 cents to $78.79 a barrel.
Source (Al-Arabiya.net Website, Edited)
