Brent climbs to $109.92 as Saudi facilities hit by new attacks

Oil prices rose moderately after reports of fresh attacks on Saudi Arabian energy infrastructure, adding to supply-side risk premium. The specific targets and extent of damage remain unconfirmed, but any disruption to Saudi export capacity would tighten an already balanced market. This continues a pattern of periodic strikes on Saudi facilities, though the price move suggests traders are pricing in a modest, not catastrophic, impact.