Oil advanced after deadly attacks in Saudi Arabia heightened concerns that escalating Middle East hostilities could hit supply, even as exports through the Strait of Hormuz accelerate.
Brent climbed to trade near $111 a barrel and West Texas Intermediate rose toward $99. A drone strike on Saudi Aramco’s Shaybah field killed two people but left operations unaffected, while an attack on the King Fahd International Airport in Dammam killed one.