Brent Hits $115 on Houthi Attacks on Saudi Oil Infrastructure
Published 2 h ago4 sourcesEvidence: Reported
Iran-backed Houthi rebels escalated attacks on Saudi Arabia, striking a port, oil field, and civilian airport, amplifying market concerns over potential Strait of Hormuz disruptions. Brent rose 0.7% to $113.38 and WTI 0.9% to $100.40, reflecting a risk premium. The attacks mark a notable intensification of regional tensions, though actual supply disruption remains unconfirmed.
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