00:00Oil prices climbed to near six-week highs on Wednesday amid growing concerns over disruptions to key Middle Eastern shipping
00:08routes.
00:09International benchmark brand crude rose above $94 a barrel, up more than 3%,
00:15as escalating hostilities between the United States and Iran threatened global energy supplies.
00:21The gains followed a rally on Tuesday after US forces struck targets in southern and western Iran,
00:27while Iran retaliated by attacking US facilities in Bahrain, Kuwait and Jordan.
00:32Markets are also reacting to threats from Yemen's Houthi Group to target ships carrying Saudi oil through the Mab Al
00:39-Mandeb Strait.
00:40Three oil tankers carrying Saudi crew to China and India turned back in the Red Sea on Tuesday,
00:46changing course after Houthi warnings against shipping along the Yemen's coast.
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