Brent crude holds near five-month high on Middle East tension

What happened: Oil prices advanced, with Brent crude hovering around a five-month high as traders priced in a geopolitical risk premium from Houthi attacks on Saudi infrastructure. Why it matters: The geopolitical risk premium reflects trader concern over supply disruption tied to the attacks on Saudi infrastructure. Total: 296 characters. Coverage: 3 outlets in 24h

Oil prices advanced, with Brent crude hovering around a five-month high as traders priced in a geopolitical risk premium from Houthi attacks on Saudi infrastructure.

The geopolitical risk premium reflects trader concern over supply disruption tied to the attacks on Saudi infrastructure. Total: 296 characters.