The report said India has imported Russian crude at an average of around 60 million barrels per month since the conflict began
The attacks followed recent Houthi advances along Yemen’s western coastline, including the capture of Perim Island at the entrance to the Red Sea
Oil movements through the region have continued despite the conflict, but further attacks on tankers or infrastructure could increase the risk of more significant disruptions
The International Energy Agency (IEA) had previously expected global coal consumption to decline slightly this year
Iran on Monday threatened retaliation against further US attacks on its assets. The warning followed strikes between the two sides over the weekend, with no diplomatic breakthrough reported
Brent crude futures rose $2.11, or 2.40 per cent, to $90.20 a barrel, while US West Texas Intermediate (WTI) crude gained $1.89, or 2.27 per cent, to $85.30 a barrel
Crude prices have risen more than 50 per cent this year as the six-month conflict between the US and Iran has disrupted shipments of crude oil and refined petroleum products from the Middle East
Both benchmarks had settled more than $1 higher on Tuesday, reaching their highest closing levels since July 31
