NewsOil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns Posted on August 12, 2026 by budd87309@gmail.com Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes. budd87309@gmail.com Why the historic U.S.-Japan intervention has failed to halt the yen’s slide Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes containership