DW Business October 11, 2019 14:45:00
Starting with the latest incident in the volatile gulf region oil prices have surged after what is believed to have been a missile strike on an radiant tanker in the red sea benchmark brant crude oil rose over 2 percent and trading to reach $60.40 a barrel after this beauty was hits off the saudi port city of jeddah the ship was headed towards iran iraq or in the gulf it was the latest strike by an unknown attacker on oil facilities in the gulf region a bombing of a saudi arabia's largest oil processing facility this summer caused a 10 percent spike in the oil price but markets calmed quickly ...