Markets
Oil climbs above $110 after US orders staff out of Saudi Arabia
Brent rose $1.29 to $110.11 after the US ordered some diplomats out of Saudi Arabia, as Houthi strikes hit a Dammam airport and a Saudi oilfield.
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Brent rose $1.29 to $110.11 after the US ordered some diplomats out of Saudi Arabia, as Houthi strikes hit a Dammam airport and a Saudi oilfield.
Brent crude rose to about $110 a barrel, near a five-month high, on Houthi attacks on Saudi targets, while the PSX edged up on buying in oil, cement and banks.
Brent eased to $105.21 but was set for a weekly gain as Iranian attacks cut Hormuz oil flows to 68pc of normal. The IEA agreed to release 20m barrels of diesel.