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Commodities

Brent Crude Tops $107 After Houthi Attack On Saudi Airport

Brent crude climbed above $107 following a Houthi attack on a Saudi airport, as Goldman Sachs warns of ongoing Middle East supply risks.

Brent Crude Tops $107 After Houthi Attack On Saudi Airport
Image: BullishMarketCap

Brent crude prices rose above $107 per barrel following a Houthi attack on a Saudi airport, according to TradingKey. The geopolitical escalation heightened concerns over potential crude supply disruptions in the region.

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Following the attack, Goldman Sachs issued a warning regarding ongoing Middle East supply risks, highlighting potential vulnerabilities in global energy flows.

Key facts

  • Brent crude prices surpassed $107 per barrel.
  • The price surge followed a Houthi attack targeting a Saudi airport.
  • Goldman Sachs warned about persistent Middle East supply risks.
$OIL#Oil#Commodities#Geopolitics

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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