SINGAPORE: Oil prices climbed on Monday after a drone attack on U.S. forces in Jordan added to worries over supply disruption in the Middle East as Houthi rebels stepped up their attacks on vessels in the Red Sea, hitting a Trafigura-operated fuel tanker.
Risks of a widening conflict comes as Russian refined product exports are set to fall, with several refineries under repair following drone attacks.
Brent crude futures rose 29 cents, or 0.4%, to $83.84 a barrel by 0230 GMT after hitting a session-high of $84.80. U.S. West Texas Intermediate crude gained 34 cents, or 0.4%, to $78.35 a barrel after reaching an intraday high of $79.29 earlier in the session.
The attack on U.S. troops in a drone strike in Jordan raised concerns of a wider conflict in the oil-rich Middle East.
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