Markets·Sep 15, 2026
Oil Prices Climb Further After Houthi Strikes on Saudi Arabia
Fresh attacks in the Gulf added to an already tense supply picture for crude markets.
Oil prices extended their gains following reports of fresh Houthi strikes on Saudi Arabia, according to CNBC. The advance came alongside separate reports of Iranian attacks on ships in the Gulf.
CNBC reports the combination of attacks added new pressure to a market already sensitive to instability in the region, pushing crude prices higher as traders weighed the risk to supply.
The latest escalation adds to a string of regional flashpoints that have kept energy markets on edge, with traders watching closely for signs of further disruption to shipping routes and production in the Gulf.
From Rotation
Every story, one email, 8am daily.
Subscribe at the bottom of this page.