Crude Rises as Mystery of Missing Saudi Critic Strains Alliance
- ‘Rogue killers’ may have attacked Khashoggi: U.S. president
- Saudi kingdom had warned of retaliatory measures if sanctioned
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Oil advanced amid growing international outrage over the disappearance of a prominent Saudi Arabian critics that put relations between the U.S. and kingdom on a knife edge.
Futures rose 0.6 percent on Monday in New York as the U.S. and Saudi Arabia traded barbs over the fate of journalist Jamal Khashoggi. Prices retreated from a 1.9 percent gain earlier in the session after Trump suggested “rogue killers” may have been responsible for Khashoggi’s disappearance, dialing back the dispute between the world’s biggest economy and its largest oil exporter.