Oil prices jump after Yemen’s Houthis claim attacks on Saudi facilities - Al Jazeera
Oil prices jump after Yemen’s Houthis claim attacks on Saudi facilities - Al Jazeera
Source: Al Jazeera
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DW NOTE
The Houthis have been hitting Gulf energy infrastructure for eight months. Each time oil spikes briefly, then drifts lower as markets recalibrate to the new baseline. Brent is at $107.33 — 21% higher than a month ago, yes, but still 9.3% below its annual peak despite Hormuz seeing just 7 transits on September 10 versus 100+ weekly pre-crisis. The real story isn't that oil jumps when missiles fly; it's that markets now treat drone swarms over Saudi refineries as ambient noise rather than existential risk.