Oil prices rose on Monday after Yemen's Iran-backed Houthis said they launched ballistic missiles and drones at Saudi Aramco sites in Riyadh and the Khurais area, raising concerns about production at the top exporter in the region.
Brent crude futures climbed 81 cents, or 0.79%, to $103.06 a barrel by 2202 GMT, while US West Texas Intermediate crude was at $91.57 a barrel, up 46 cents, or 0.50%.
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Oil climbs after Yemeni Houthis attack Saudi Aramco sites
On Monday, oil prices surged following missile and drone strikes from Yemen's Houthis aimed at Saudi Aramco facilities in Riyadh and the Khurais region. This escalation has sparked fears over potential disruptions in oil production from one of the world's primary exporters. Consequently, Brent crude futures climbed by 0.79%, hitting $103.06 per barrel, while US West Texas Intermediate crude…
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- The Economic Times
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- 80 words · 1 min
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This story was reported and first published by The Economic Times on 4 October 2026. HUE Legacy Ventures did not write it.
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