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95CONFLICT

Houthi attacks on Saudi energy facilities and cities wound over 70, disrupting oil operations

⚡ Markets: Significant escalation in Middle East conflict raises supply disruption risk premium for crude oil. Bullish for oil prices and defense stocks, bearish for oil-importing economies and airlines.BrentWTISaudi Aramco

Yemen's Houthi group launched a large-scale missile and drone attack on southern Saudi Arabia, hitting energy infrastructure and civilian areas, wounding 73 people. The attacks, which the Houthis vow to continue, have temporarily halted some operations and contributed to a surge in global oil prices.

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