Oil prices hit six-week high after reports of Houthi attack on Saudi energy facilities
Oil prices rose to a six-week high after reports that Iran-backed Houthi forces in Yemen attacked energy facilities in Saudi Arabia. The reported strike set oil installations ablaze, according to the live market update that flagged the move. The incident comes as traders were already watching broader market weakness and a sharp move in energy prices.The report did not give a precise location for the facilities or say how many sites were affected. It also did not provide details on casualties, damage assessments or whether production was disrupted. The immediate market reaction was clear, however, with oil prices moving higher... [Continue Reading]
360LiveNews | 08 Sep 2026 23:29 LONDON
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