Business

Oil Prices Spike Due to Houthi Attacks

Updated 2026-10-12 22:10 UTC 1 source Negative

Oil prices surged after the Iran-backed Houthis launched attacks on Saudi airports over the weekend. Brent crude reached nearly $106 per barrel, marking a significant increase from Friday’s closing price.

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The Hill
Oil prices rose on Monday, after the Iran-backed Houthis launched attacks on two airports in Saudi Arabia over the weekend. Brent crude, the international benchmark, closed at nearly $106 per barrel as of late Monay afternoon, up roughly $1.20 from closing time on Friday. The price of Brent crude pe
2026-10-12 21:30 UTC
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