Oil prices rise following attacks in the Middle East and increased tensions between Iran-backed groups and Saudi Arabia
The Houthis claimed responsibility for a missile strike on Riyadh's airport, killing 13 people. The attack sparked oil price rises and increased tanker attacks in the Strait of Hormuz. The Saudi-led coalition destroyed two Houthi missiles.
- U.S. President Donald Trump criticized the Houthis for escalating attacks on Saudi Arabia.
- Brent crude futures rose to $106.58 a barrel, with Goldman Sachs raising its December forecast to $90.
- The Iran-aligned Houthis claimed responsibility for a strike on Riyadh's King Khalid International Airport using a ballistic missile.
- US West Texas Intermediate crude futures gained to $94.94.
- The Saudi-led coalition destroyed two ballistic missiles launched by the Houthi militia.
Outlets: Al-Monitor, Business Recorder, Diken, El Universal (Mundo), Free Malaysia Today, International: Top News And Analysis, Moneyweb, The Economic Times, The Express Tribune, Times of India (Top)
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