Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recovery
Oil rose Wednesday, as concerns over attacks by Yemen's Iran-backed Houthis on Saudi Arabia outweigh a higher crude supply in Middle East.


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4 stories in the last 7 days, reading bearish overall. Quiet in the last 24 hours.

| Day | Mood | Stories |
|---|---|---|
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | — | 0 |
| Thu, Oct 8 | — | 0 |
| Wed, Oct 7 | 0.0 | 1 |
| Tue, Oct 6 | −61.2 | 1 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | 0.0 | 2 |
| Sat, Oct 3 | — | 0 |
Oil rose Wednesday, as concerns over attacks by Yemen's Iran-backed Houthis on Saudi Arabia outweigh a higher crude supply in Middle East.

Oil markets remain on edge over potential Middle East supply disruptions, with Brent trading around $100 a barrel as the risk of further escalation persists.

Yemen's government said it was launching a major military campaign to recapture all areas of the country controlled by the Iran-backed Houthis.

Ashton Hamed Ellaboudy allegedly used his electrical engineering expertise in an attempt to aid Houthi communications, drones and homemade explosives productio…

Saudi exports are rising despite escalating attacks on its infrastructure from Iran-backed militants in Yemen and Iraq.

Iran-backed Houthi rebels in Yemen say they launched attacks against Saudi Arabia amid escalating tensions in the Middle East. CBS News' Holly Williams has mor…

The deal comes as Iran-backed Houthis escalate attacks on Saudi Arabia and seek control of the strategically important Bab el-Mandeb Strait.

'a clear-cut disaster'
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The Organization of Islamic Cooperation condemned the strike as a "heinous" attack. Mecca is Islam's holiest site and the focal point of the annual Hajj pilgri…

Houthi forces seized Perim island and key positions along Yemen's Bab al-Mandab Strait as Saudi Arabia urged Trump to take direct military action.

The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.

A Houthi advance along Yemen's Red Sea coast could help push gas prices up even more as the Iran-backed group also launches attacks on Saudi Arabia's oil facil…
Iran-backed Houthi forces seized Yemen's Mocha port and advanced toward Bab el-Mandeb, threatening Red Sea shipping as Brent crude surged past $106.

'$99.16 a barrel'

Israel's capture of the Ali al-Taher ridge dealt a severe blow to Iran's Axis of Resistance, but experts warn Hezbollah is still rebuilding.

Houthi attacks on Red Sea shipping may push the U.S. to forge closer ties with Somaliland, analysts say, as concerns grow over Djibouti's reliability and China…

The conflict between the U.S. and Iran has spread to the Red Sea and another strategic shipping route.

West Texas Intermediate and Brent crude's front-month contracts climbed on Wednesday on the risk of more fighting.
US Central Command says proxy groups launched attacks against US bases and Saudi energy infrastructure.

Saudi Arabia intercepted two ballistic missiles from Yemen, Greek security sources told Reuters, as fighting in a second front in the Iran war escalates.

The Houthis threatened to strike King Khalid Airport in Riyadh after what they called "blatant aggression" targeting the Sanaa airport runway.

Houthis launched ballistic and cruise missiles at Israel, which says it intercepted the strike. Analysts say Iran is pressuring the Houthis to show leverage in…

A hacker group shares Patel's purported resume and photos of him on its website, information, the FBI says, is "historical in nature".

Iraq's Prime Minister al-Sudani threatened to confront and respond to U.S. airstrikes on PMF headquarters, calling the attacks violations of Iraqi sovereignty.

Iran-backed Popular Mobilization Forces have been accused of attacking U.S. assets in Iraq as Prime Minister Mohammed Shia al-Sudani's government told to rein…

Asif Merchant's case played out amid a broadening conflict in the Middle East. He was accused of working with the Iranian government to kill high-ranking U.S.…
Iraq emerges as key front in new and often clandestine confrontation after launching dozens of attacks. Iran-backed militias around the Middle East are intensi…

Houthi rebels in Yemen warned they will resume drone and missile attacks on Red Sea shipping after Israel and the United States launched attacks on Iran. The p…

Federal judge sentences would-be assassin to maximum 15 years for plotting to kill Iranian American journalist Masih Alinejad for Iran's government.

Yemen's Southern Transitional Council claims control of government-held territory, positioning itself as America's key partner against Iran-backed Houthis.

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