In the ancient calculus of oil and conflict, the Middle East once again reminded global markets how tightly bound energy and geopolitics remain. Houthi militants, acting in Iran's long shadow, struck at the heart of Saudi Arabia's oil infrastructure, wounding 73 people — among them women and children — while simultaneously, tensions between Washington and Tehran tightened the atmosphere further. The result was crude oil climbing to a six-week high, as traders priced not just the damage done, but the damage that might yet come.
Oil hits 6-week high as Iran-U.S. tensions escalate, Houthi attacks target Saudi Aramco
73 people injured in Houthi attacks on Saudi Arabia, including women and children.