Oil hovers near five-month high as Hormuz, Houthi attacks threaten supply recovery

Oil prices held near a five-month high on Tuesday, as traders assessed reports of fresh attacks on vessels and Houthi strikes on Saudi energy infrastructure. As of 04:15 ET (08:15 GMT), benchmark Brent crude futures had risen 0.8% to $110.48 a barrel, whileU.S. West Texas Intermediate crude futures gained 1.3% to $105.02 a barrel. Brent ...