Economy
Oil surges to near six-month high after Houthi attacks rattle Saudi Arabia
The Hindu2h
THE BRIEF
1
Benchmark crude oil prices surged to a near six-month high on Thursday, breaching the $110-a-barrel mark as Houthi forces targeted Saudi Arabia's energy and aviation infrastructure.
2
Brent crude futures for December rose 3.2% to $112.35 a barrel on Thursday afternoon, while US West Texas Intermediate crude gained 2.47% to $99.55 a barrel.
3
An airport attack in Dammam claimed two lives and injured two people, including an Indian national, amid escalating drone and missile strikes in the region.