Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns

August 12, 2026

Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

⟵ Xiaomi’s MiLM Plus Releases PROVE: Perception-Aligned Object Removal Metrics RC-S and RC-T With a Real-World Video Benchmark

Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes container ship ⟶

Create an agentic RAG application for advanced knowledge discovery with LlamaIndex, and Mistral in Amazon Bedrock

Agentic Retrieval Augmented Generation (RAG) applications represent an advanced approach in AI that integrates foundation models (FMs) with external knowledge…