Oil climbs after Yemeni Houthis attack Saudi Aramco sites
Smoke rises from a fire at the Aramco refinery south of Riyadh, Saudi Arabia, Oct 3, 2026. Picture taken with a mobile phone.
PHOTO: Reuters
SINGAPORE - Oil prices rose on Monday (Oct 5) after Yemen's Iran-backed Houthis said they launched ballistic missiles and drones at Saudi Aramco sites in Riyadh and the Khurais area, raising concerns about production at the top exporter in the region.
Brent crude futures climbed 81 cents, or 0.79 per cent, to US$103.06 (S$132) a barrel by 2202 GMT (6.02 am Singapore time), while US West Texas Intermediate crude was at US$91.57 a barrel, up 46 cents, or 0.50 per cent.
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