Latest Oil Market News and Analysis for Oct. 12

Oil edged higher as renewed strikes on Saudi Arabia’s main airport and a fresh tanker attack near the Strait of Hormuz raised the prospect that intensifying hostilities could exacerbate supply...

By Weilun Soon · Bloomberg Markets

Oil edged higher as renewed strikes on Saudi Arabia’s main airport and a fresh tanker attack near the Strait of Hormuz raised the prospect that intensifying hostilities could exacerbate supply risks.