Oil rises over 1% after Saudi Arabian refinery attack reignites supply risk
AI Summary
Oil prices rose more than 1% after Yemen’s Iran-aligned Houthis said they attacked Saudi Arabia’s largest oil refinery with a missile. The reported strike renewed concerns about supply risks from the world’s second-largest crude producer.
Yemen’s Iran-aligned Houthis said they had hit Saudi Arabia’s biggest oil refinery with a missile, intensifying their strikes against the world’s second-largest crude producer
Security Conflict Markets Commodities Energy Saudi Arabia Yemen Houthis refinery attack oil prices supply risk