Business · Energy & Commodities · 11 hrs ago
Oil prices rise after reported attacks on Saudi energy sites
Oil prices rose on Thursday, with Brent crude gaining 3.3% to close at $95.82 a barrel.
Yemen’s Houthis said they attacked Saudi energy sites, including a pumping station on the East-West pipeline, an oil facility in Yanbu and an Aramco building in Riyadh.
A Saudi-led military coalition said it had intercepted and destroyed two drones launched by the group.
Disruptions in the Strait of Hormuz raised fears for global oil supplies; before the conflict involving the United States, Israel and Iran, the strait carried nearly one-fifth of the world’s crude oil.
The Iranian military said four tankers were hit by explosions there, but that claim could not be immediately verified.
Trump said the United States did not need an agreement with Iran, while rising OPEC+ production, including in Saudi Arabia, helped limit oil’s gains.
The sources give no details about what happens next.
Oil prices rose on Thursday after Yemen’s Houthi group said it had attacked Saudi energy infrastructure.
The reported attacks and disruptions to shipping through the Strait of Hormuz raised concerns about global oil supplies.
Brent futures closed up $3.06, or 3.3%, at $95.82 a barrel, while US WTI closed up $2.21, or 2.6%, at $88.74.
Saudi-led coalition forces said they intercepted and destroyed two drones launched by the Houthis.
On November 13, ANSA reported WTI at $89.26 a barrel and Brent at $96.93.
- Who
- Yemen’s Houthi group said it carried out attacks on Saudi energy sites; a Saudi-led coalition said it intercepted two drones.
- What
- Oil prices rose after reported attacks on Saudi energy infrastructure and shipping disruptions near the Strait of Hormuz.
- When
- Thursday; the articles were published on November 13, 2026.
- Where
- Saudi Arabia and the Strait of Hormuz.
- Why
- The attacks and shipping disruptions raised concerns about global oil flows.
This story does not have two clearly opposing sides.
The Houthis said they had attacked a Saudi East-West pipeline pumping station, an oil facility in Yanbu and an Aramco building in Riyadh.
A Saudi-led military coalition said it had intercepted and destroyed two drones launched by the Houthis.
Brent and WTI futures closed higher, gaining $3.06 and $2.21 per barrel respectively.
ANSA reported WTI at $89.26 and Brent at $96.93 per barrel in New York.
- Brent close
- $95.82 per barrel
- WTI close
- $88.74 per barrel
- Mexican export mix close
- $82.72 per barrel
- Houthi-reported targets
- A Saudi pipeline pumping station, a Yanbu oil facility and an Aramco building in Riyadh
- Strait of Hormuz
- Carried nearly one-fifth of the world’s crude oil before the conflict between the United States and Israel with Iran
3 sources
What people are saying
Those days are long gone. We have your money, hundreds of billions of dollars, and we have your strait!