WS #12863
Holding: newest synthesis is 47d 16h old
Iranian drone strike on Abqaiq refinery and Houthi strikes on Saudi Red Sea oil sites, with new drone launches toward Erbil and attacks on Iraqi oil fields, escalating supply disruption risk. WTI crude down 8.36% to $81.84, Brent down 9.38% to $87.70, reflecting market pricing of supply disruption risk from Middle East attacks.
Middle East energy infrastructure attacks escalating
Iranian drone strike on Abqaiq refinery and Houthi strikes on Saudi Red Sea oil sites, with new drone launches toward Erbil and attacks on Iraqi oil fields, escalating supply disruption risk.
WTI crude down 8.36% to $81.84, Brent down 9.38% to $87.70, reflecting market pricing of supply disruption risk from Middle East attacks.