GeopoliticalGlobal
Oil prices rise as Houthi attacks on Saudi Arabian refinery raise supply worries
Published:
News summary
Oil prices climbed Wednesday as investors weighed the prospect of a prolonged and widening Middle East conflict after Tehran-backed Houthis attacked Saudi Arabia's largest refinery. International benchmark Brent crude futures rose $1.50, or 1.32%, to $115.59 per barrel, while U.….
- Importance
- Critical · 97/100
- Impact direction
- Mixed