Brief by Shorts91 Newsdesk / 04:46am on 25 Sep 2026,Friday International
Saudi Arabia said it intercepted six ballistic missiles launched by Yemen’s Houthi forces, targeting areas including Taif and the Yanbu region on the Red Sea. The attacks heightened concerns about possible disruptions to Saudi Arabia’s oil exports and regional energy infrastructure. Oil prices responded by rising sharply, with Brent crude settling 3.4% higher at $106.60 a barrel, while US West Texas Intermediate gained 2.7% to $94.61. The market remained volatile as reports emerged of US-Iran discussions over reopening the Strait of Hormuz, a crucial global oil shipping route. The developments add to growing Middle East security and energy-supply concerns. (PC: EPA)
