Brent surges past $70 per barrel following attack on Saudi facilities

US oil prices also hit a two year high as attack at the heart of Saudi Arabia's oil industry cause concerns for supply

Supply concern: attacks on Saudi Arabian oil facilities saw oil prices surge in early on trade on Monday — Supply concern: attacks on Saudi Arabian oil facilities saw oil prices surge in early on trade on MondayPhoto: AP/SCANPIX

Reuters

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Published 8 March 2021, 06:26Updated 8 March 2021, 06:26