Oil prices hit $112 per barrel after Houthi attacks on Saudi Arabia

Brent crude oil prices rose 3.23% to around $112.27 per barrel on Thursday after fresh Houthi attacks on Saudi Arabia sparked fuel supply concerns. US West Texas Intermediate (WTI) crude also climbed towards $99. At least three people were killed in strikes on an Aramco oil field and an airport in Saudi Arabia's Eastern Province.