Oil prices set for fourth consecutive month of gains: Strait of Hormuz tanker attack highlights supply risks due to war Brent rose 13% since early October; WTI rose 14%. Continued attacks support prices and keep supply concerns at bay. Volatility is expected due to the elections in Israel and the mid-term elections in the USA.

Oil prices set for fourth consecutive month of gains: Strait of Hormuz tanker attack highlights supply risks due to war Brent rose 13% since early October; WTI rose 14%. Continued attacks support prices and keep supply concerns at bay. Volatility is expected due to the elections in Israel and the mid-term elections in the USA.