On Monday, oil prices surged following missile and drone strikes from Yemen's Houthis aimed at Saudi Aramco facilities in Riyadh and the Khurais region. This escalation has sparked fears over potential disruptions in oil production from one of the world's primary exporters. Consequently, Brent crude futures climbed by 0.79%, hitting $103.06 per barrel, while US West Texas Intermediate crude increased by 0.50% to reach $91.57 per barrel.
Oil climbs after Yemeni Houthis attack Saudi Aramco sites
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