Oil prices gain on attacks in Saudi Arabia

Business Recorder • Oct 15, 2026

NEW YORK: Oil prices rose on Wednesday after the Houthis attacked Saudi Aramco’s headquarters and Iran said it was deploying new tactics to target ships and keep oil prices high. Brent crude futures were up 87 cents, or 0.82 percent, at USD106.56 a barrel by...

NEW YORK: Oil prices rose on Wednesday after the Houthis attacked Saudi Aramco’s headquarters and Iran said it was deploying new tactics to target ships and keep oil prices high. Brent crude futures were up 87 cents, or 0.82 percent, at USD106.56 a barrel by 1:25 p.m. ET (1725 GMT). US West Texas Intermediate crude gained USD1.46, or 1.55 percent, to USD95.60, touching a three-week high. Attacks on ships transiting...