Oil climbed in early Asian trade as renewed Houthi attacks on Saudi Arabia revived supply fears. Brent rose 1.62% to $115.70 and WTI 1.34% to $101.20, after a nearly $2 drop Tuesday on hopes for peace talks. #OilPrices#Brent#Houthis#Saudi
Egypt's parliament authorized military support to defend Saudi Arabia, the same day the Houthis claimed unconfirmed strikes on the 740-mile East-West crude pipeline, which bypasses Hormuz and was running at 5.8M bpd. #Oil#Egypt#Houthis
BREAKING: Houthis claim attacks on pumping stations along Saudi Arabia's 740-mile East-West pipeline, the Kingdom's key crude route bypassing Hormuz. Riyadh hasn't confirmed. The line was moving 5.8M bpd. #OilPrice#Saudi#Houthis#Crude
Brent is creeping toward $120, trading around $117 after another 4% weekly gain as the Saudi-Houthi conflict escalates, with Houthi attacks forcing Aramco to evacuate its Dhahran HQ. A nightmare scenario for Trump. #OilPrice#Brent#Houthis
Houthi strikes on Saudi oil infrastructure have extended to the Shaybah oilfield, raising the risk Saudi Arabia is forced to shut in some production. Brent is at $108, about $5 above WTI after November WTI expired. #Oil#SaudiArabia#Houthis#Brent
