Oil hits two-week high after drone attack on UAE nuclear plant

Oil prices hit two-week high after drone attack on UAE nuclear plant. Brent rises to $111.27, WTI to $107.75.

Yesterday / 05:01|Last updated: Yesterday / 05:02

Oil hits two-week high after drone attack on UAE nuclear plant — Photo: Prepared by Bond.az

Oil prices climbed to a two-week high on Monday after a drone attack on a nuclear power plant in the United Arab Emirates raised concerns about supply disruptions.

Brent crude rose 1.84% to $111.27 a barrel, while U.S. West Texas Intermediate gained 2.21% to $107.75.

The attack comes as tensions with Iran escalate, with President Trump expected to discuss military options.

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