Brent crude futures gained $3.09, or 3.89%, to $82.54 a barrel by 12:37 p.m. EDT. Before the Iran conflict began in late February, about one-fifth of global daily oil and liquefied natural gas supplies flowed through the Strait of Hormuz. Geopolitical risks persistGulf countries' crude oil and condensate exports were largely steady in July and remained about 40% below pre-war levels, shipping data showed. The Iran-aligned ⁠Houthis said on Wednesday they had launched a missile attack on a Saudi oil tanker off the coast of the kingdom's Red Sea port city of Yanbu and another missile attack on a Saudi ​oil tanker in the nearby Gulf of Aden. Saudi Arabia has slightly lowered the official selling price for its flagship Arab Light crude oil to Asia in September, a pricing ⁠document reviewed ​by Reuters showed.