Brent drops 3% from intraday high as US-Iran diplomacy eases supply fears
Published 2 d ago11 sourcesEvidence: Reported
The US has ordered diplomats to leave Saudi Arabia amid escalating regional tensions, while Brent crude fell 3% to $112 on fears of new supply disruptions. The move signals a sharp deterioration in US-Saudi relations and raises the risk of energy supply shocks, though the specific trigger for the diplomatic withdrawal remains unclear.
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The US State Department has ordered the partial withdrawal of non-emergency diplomatic staff and family members from Saudi Arabia, citing a heightened threat from Houthi attacks. This action follows confirmed Houthi strikes on Saudi civilian and energy infrastructure, including airports, resulting in casualties. The move signals a significant escalation in US threat perception and regional instability.
Published 2 d ago11 sourcesEvidence: Reported
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