New Delhi, Sept. 14 -- Oil prices jumped more than 2% on Monday after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline.

Brent crude futures rose 2.77% to $107.51 per barrel, while WTI futures climbed 2.27% to $102.32 per barrel. Oil prices had initially risen more than 3% at market open.

Published by HT Digital Content Services with permission from News Point....