Brent Crude Climbs to About $110 After Attack on Saudi Aramco Oil Field

Brent crude rose to about $110 a barrel on Wednesday after an attack on a Saudi Aramco oil field, its highest close since May 19. WTI traded near $98.

Higher fuel costs are a headwind for airlines and transport companies, while integrated energy producers typically benefit from stronger prices. The 10-year Treasury yield hovered near 5.15%, keeping pressure on rate-sensitive sectors.

Markets will watch for further supply disruptions and any response from producers. This article is for information only and is not investment advice.