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Oil prices spike after Houthi attacks on Saudi airports

The Hill·October 12, 2026·1 min read
Oil prices spike after Houthi attacks on Saudi airports

Oil prices spiked on Monday after Iran-backed Houthis attacked two airports in Saudi Arabia over the weekend. Brent crude closed at nearly $106 per barrel, up about $1.20 from Friday's close, and peaked at $107.33 earlier in the day. The attacks heightened geopolitical tensions, impacting global oil markets.

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