Oil prices rose on Wednesday, with Brent crude up 1.32% to $115.59 per barrel and WTI crude up 1.47% to $101.37 per barrel, as Houthi attacks on Saudi refineries sparked supply concerns. Investors are weighing the potential for a prolonged and expanded conflict in the Middle East, after Houthi forces stated on Tuesday that they attacked Saudi Arabia's largest Ras Tanura refinery. Meanwhile, Donald Trump said at a campaign rally on Tuesday that a war with Iran would end on his terms, emphasizing that Iran must be prevented from acquiring nuclear weapons. Additionally, Israeli exit polls showed a political stalemate, exacerbating regional uncertainty.