Oil prices rose as renewed Houthi attacks on Saudi Arabia and threats to shipping through the Bab el-Mandeb Strait deepened concerns over Middle Eastern supply disruptions. Brent crude futures gained 0.9% to $106.64 a barrel and West Texas Intermediate rose 0.9% to $102.34, while Saudi Arabia’s East-West Pipeline remained offline after attacks last week. Oman postponed talks between Iran and Gulf states on reopening the Strait of Hormuz, where flows remained far below pre-war levels. Iran said a Panamanian-flagged tanker struck sea mines in Hormuz, a claim denied by U.S. Central Command. The Houthis’ expanded offensive has raised estimates that 4% to 5% of global oil supplies could be disrupted.