WS #15797
Saudi Coalition forces struck the Ras Isa oil terminal in Houthi-controlled Yemen, triggering immediate supply concerns and threats to Aramco infrastructure. Despite the Trump administration's announcement of a diesel reserve release and tax relief measures, diesel futures rose 2.1% to $4.823 per gallon. This divergence between policy intervention and market pricing indicates that physical supply disruptions are currently dominating sentiment, creating a bullish environment for energy producers and refiners while pressuring airlines and logistics companies.
Middle East Oil Supply Shock
Saudi Coalition forces struck the Ras Isa oil terminal in Houthi-controlled Yemen, triggering immediate supply concerns and threats to Aramco infrastructure. Despite the Trump administration's announcement of a diesel reserve release and tax relief measures, diesel futures rose 2.1% to $4.823 per gallon. This divergence between policy intervention and market pricing indicates that physical supply disruptions are currently dominating sentiment, creating a bullish environment for energy producers and refiners while pressuring airlines and logistics companies.