India, Oct. 12 -- Oil markets are facing renewed uncertainty as fresh attacks in Saudi Arabia and growing security risks around the Strait of Hormuz threaten crude supplies from the Middle East. On Monday, October 12, Brent crude climbed to its highest level since September 29, while US oil prices also advanced.

Traders weighed these supply risks against the possibility of additional diesel exports from Russia and a proposed energy ceasefire between Russia and Ukraine.

Brent crude futures rose $1.24, or 1.2%, to $106.19 a barrel by 11:24 GMT. US West Texas Intermediate (WTI) crude gained $1.11, or 1.2%, to $92.96 a barrel. The rise came as concerns over attacks on Saudi Arabia and oil tankers in the Gulf region overshadowed hopes that f...