Oil jumps above $101, Houthi attacks fuel supply concerns
Oil prices moved higher on Wednesday as renewed attacks by Yemen’s Iran-backed Houthis on Saudi Arabia heightened concerns over potential disruptions to crude supplies from the Middle East.
October 07, 2026 (MLN): Oil prices moved higher on Wednesday as renewed attacks by Yemen’s Iran-backed Houthis on Saudi Arabia heightened concerns over potential disruptions to crude supplies from the Middle East. Currently, Brent crude futures is up, 1.93%, at $101.54 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is up by $1.47, or 1.66%, to $90.15 per barrel by [09:25...