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International Business Times
International Business Times
Business

Aramco's Headquarters Were Hit as Clashes With Houthis Escalate. Oil Prices are Edging up Again.

Aramco Oil Dhahran
Saudi Aramco said its headquarters were hit on Wednesday as clashes with Yemen's Houthi rebels continue. (Credit: Getty Images)

Oil prices are climbing on Wednesday after the headquarters of Saudi state oil giant Aramco were hit as clashes with Yemen's Houthi rebels continue.

Brent crude, the international benchmark, gained 0.58% and stood at $106.30 per barrel at 8:03 a.m. ET, while West Texas Intermediate, the U.S. benchmark, climbed 1.57% and clocked in at $95.62 per barrel at the same time.

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