The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Aug 12, 2026
· 4 min read
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Oil rises after attacks on ships in Hormuz, Bab el-Mandeb
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Oil prices rise after ship attacks, U.S.-Iran talks deadlock
REUTERS
PUBLISHED 3 HOURS AGO
UPDATED 45 MINUTES AGO
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Oil prices rose in volatile trade on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies and as talks to end the Iran war hit an impasse.
Brent futures were up 17 US cents, or 0.2 per cent, at US$89.08 a barrel by 6:55 a.m. ET, heading for a sixth day of gains. U.S. West Texas Intermediate (WTI) crude ro…
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