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International Business Times

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Clashes In The Middle East Continue To Escalate. Oil Keeps Climbing.

Oil the Middle East

Oil is climbing on Tuesday as clashes continue in the Middle East. (Credit: Getty Images)

Oil prices keep climbing on Tuesday as clashes in the Middle East continue to escalate, particularly between Yemen's Houthi rebels and Saudi Arabia.

Brent crude, the international benchmark, gained 2.48% and topped $108 per barrel at 10:30 a.m. ET, while West Texas Intermediate, the U.S. benchmark, increased by 2.83% and clocked in at $104.26 per barrel at the same time.

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