Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recovery

🇸🇦 CNBC (SA) —
Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recovery

AI Summary

Oil prices rose as concerns about Houthi attacks on Saudi Arabia outweighed signs of recovering crude supply in the Middle East. The reported security risk is influencing energy-market expectations.

Oil rose Wednesday, as concerns over attacks by Yemen's Iran-backed Houthis on Saudi Arabia outweigh a higher crude supply in Middle East.

Security Conflict Markets Energy Shipping oil prices Houthi attacks Saudi Arabia Yemen crude supply Middle East security

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