Oil prices today: Brent crude hits $106.60 after Saudi Aramco attack, ship strikes near Hormuz

Oil prices rise after attacks on Saudi Aramco and ships near the Strait of Hormuz. (Representational image) (Reuters)

Oil prices rose on Wednesday after attacks on Saudi Arabia’s oil industry and ships near the Strait of Hormuz raised concerns about global oil supplies. The increase came after an attack on the headquarters of Saudi state-owned oil company Saudi Aramco and reports of ships being hit in waters near the important shipping route. Oil … Read more

Watch: Massive fire at Saudi Aramco sites targeted in Houthi missile, drone strikes

Watch: Massive fire at Saudi Aramco sites targeted in Houthi missile, drone strikes

Massive fire reported after Houthi strikes on Saudi Aramco sites Yemen’s Iran-aligned Houthis said they launched ballistic missiles and drones at Saudi Aramco facilities in Riyadh and the Khurais area, claiming the strikes triggered major fires at the targeted sites, newsy agency Reuters reported.The group said the operation was carried out in response to Saudi-led … Read more

Yemen conflict widens: Houthis claim strikes on Saudi airport, air base and Aramco sites

Yemen conflict widens: Houthis claim strikes on Saudi airport, air base and Aramco sites

Drones and ballistic missiles at King Khalid Air Base in Khamis Mushait and Abha International Airport in southern Saudi Arabia. (GIF: @theinformant_x) Yemen’s Iran-backed Houthis said on September 8 that they had launched missiles and drones at Abha International Airport, King Khalid air base and Aramco facilities in Abha and Jizan.“Yemeni drones and missiles pound … Read more