Oil prices hit seven-year highs on Mideast concerns, tightening supply

Iran-backed Houthi rebels killed three in Monday attack on the UAE

Unfazed: Saudi energy minister Abdulaziz bin Salman said Monday that he's 'comfortable' with higher oil prices as Opec member nations struggle to increase production
Unfazed: Saudi energy minister Abdulaziz bin Salman said Monday that he's 'comfortable' with higher oil prices as Opec member nations struggle to increase productionPhoto: ASSOCIATED PRESS
Published 18 January 2022, 17:16Updated 18 January 2022, 17:16