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Oil climbs nearly 1% on drop in Russia exports, Red Sea jitters By Reuters

[ad_1] By Florence Tan SINGAPORE (Reuters) – Oil prices rose nearly 1% in early Asian trade on Monday, supported by lower exports from Russia and as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruption. Futures climbed 69 cents, or 0.9%, to $77.24 a barrel by 0037 GMT, while U.S. West Texas Intermediate crude was at $72.08 a barrel, up 65 cents, or…
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