Oil rises after Houthi attacks on Aramco

Oil prices increased on Monday following missile and drone attacks by Yemen Houthi forces on Saudi Aramco sites. The incidents raised supply concerns in the region.

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Smoke rises from a fire at the Aramco refinery south of Riyadh, Saudi Arabia, October 3, 2026. Picture taken with a mobile phone. REUTERD/Stringer

Brent Crude Oil rose 81 cents to $103.06 a barrel during Monday morning trading after attacks on Saudi Arabia. The rally follows ballistic missile and drone strikes targeting Saudi Aramco sites in Riyadh and the Khurais area. Supply security concerns at the top global exporter drove the bump.

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