ConflictCriticalReportedAccelerating
9.3
Houthi Advances and Pipeline Sabotage Threaten Saudi Oil Exports as Hormuz Closure Looms
N1 BosniaLO·SA · YE · IR·2 days ago
Brent crude rose above $100 per barrel following reports of fresh Houthi attacks on Saudi energy infrastructure, reversing Tuesday's dip. Saudi Arabia's energy minister stated oil flows via the East-West pipeline had rebounded to 5.8 million barrels daily, but market sentiment remains risk-off. The attacks mark a continued pattern of Houthi strikes on Saudi assets, with the immediate impact on oil prices and potential supply disruption being the key uncertainty.
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