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Houthi Attacks Intensify, Impacting Saudi Oil Infrastructure and Prices

Macro·1 article across 1 outlet

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Oil prices pulled back from a five-month high as traders weighed escalating tensions in the Middle East against surprisingly resilient supply. Houthi attacks on Saudi Arabia are intensifying, with fresh strikes and attempted attacks targeting the kingdom and its key energy infrastructure.

Matthew Mullman highlighted that these attacks impose near-term costs on Saudi Arabia, further complicating the region's stability and energy market dynamics.

Saudi Arabia

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