OIL PRICES RISE

NEW YORK, OCTOBER 14 /SRNA-Reuters/ - Oil prices rose on world markets today following recent reports that Iran had attacked ships in the Strait of Hormuz.

According to the reports, Iran attacked two vessels in the Strait of Hormuz, while the escalating conflict between Yemen's Houthi rebels and Saudi Arabia also poses a risk to oil supplies.

Saudi Arabia said an attack on a building belonging to oil company Aramco caused a minor fire, while debris from an intercepted missile fired by the Houthis injured four people in Riyadh.

In London, the price of North Sea Brent crude rose by around one per cent to more than $107 a barrel.

In New York, light crude also gained 0.5 per cent to $94.64 a barrel.