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Ongoing18 earlier updates38 days

This story has run 19 times over 38 days, starting Sep 9.

  1. Houthi missiles and drones hit 4 Saudi cities, wounding 73 and halting Aramco's 400,000-barrel-a-day Jazan refinery
  2. UpdateBrent oil exceeds $100 a barrel; US diesel reaches $5.94 a gallon
  3. Houthis capture Yemen's Mokha from Saudi-backed forces 46 miles from Bab el-Mandeb
  4. UpdateHouthi forces captured Mokha and Perim island in the 28-kilometer Bab el-Mandeb strait.
  5. UpdateA day after the Bab el-Mandeb capture, maritime monitors have recorded no new transit halts
  6. UpdateSaudi Arabia shuts Hormuz-bypass pipeline, oil rises more than $3 with 4% of supply at risk
  7. UpdateHouthis seize two more Red Sea islands as Saudi pipeline faces 3-to-5-week outage
  8. UpdateSaudi Arabia suspends loadings at its last open oil terminal; September cargoes cancelled
  9. Attacks on Saudi export pipeline push WTI crude to $107.02 a barrel, a 30-day high
  10. UpdateHouthi missiles hit Riyadh, burning a fuel depot near King Khalid airport
  11. UpdateSaudi Arabia says it intercepted a Houthi missile aimed at Riyadh
  12. UpdateTrump declined a prepared U.S. air campaign against the Houthis, giving Saudi Arabia intelligence and targeting data instead
  13. UpdateSaudi Arabia tested its shut east-west pipeline for a restart as oil fell below $98
  14. UpdateStrike on Riyadh airport kills 12, including an American; Trump says the U.S. "may" join Saudi strikes on the Houthis
  15. UpdateRiyadh airport hit again Sunday, Oct. 11, killing one; Saturday's strike toll rises to at least 13, including an American
  16. UpdateSaudi Arabia investigates why its air defenses failed to stop the Houthi strike that killed at least 13 at Riyadh's airport
  17. UpdateSaudi-led coalition bombs Houthi oil facilities and a fuel depot in Yemen after a Riyadh airport strike killed at least 13
  18. Houthi strike damages 3 floors of Aramco's Dhahran headquarters, including executive offices; no casualties
  19. Brent crude touches $110 a barrel, its first time there since May 20, after Saudi-led forces intercept missiles aimed at energy hubs — this issue
FINANCIAL TIMES

Brent crude touches $110 a barrel, its first time there since May 20, after Saudi-led forces intercept missiles aimed at energy hubs

Fuel prices
Political Guyentist · October 17, 20261 min read

FINANCIAL TIMES

U.S. crude settled at $101.41 a barrel, its highest close since Sept. 17, per Reuters.

Brent, the global oil benchmark, touched $110 a barrel on Friday, Oct. 16, and sat near $109.75 late in the afternoon, per The Hill. That was its first time at $110 since May 20. The jump followed reports that Saudi-led forces intercepted missiles aimed at energy hubs. Regular gasoline averages $4.33 a gallon, per AAA. GasBuddy estimates Americans have spent $135 billion more on gasoline and diesel since March 1 than in the same stretch last year. Diesel prices are covered in the story on Trump's Russia sanctions waiver.

Still open. Reports so far describe interceptions, not damage. Neither Saudi Aramco nor the Saudi energy ministry has published any lost production or export volume.

What we’re less sure of4 of 6 claims