Oil prices ease as investors weigh supply outlook, Middle East tensions

RIYADH: Oil prices fell more than 1 percent on Thursday as investors ​weighed risks to supply from attacks on shipping through the Strait of Hormuz against US efforts to ‌cut petroleum shipping costs by easing sanctions on vessels. Brent crude futures fell $1.76, or 1.7 percent, to $104.3 a barrel by 09:25 a.m. Saudi time, while US West Texas Intermediate...