Saudi Arabia’s Energy Ministry confirmed that an Aramco administrative building was targeted, causing a limited fire with no injuries or deaths. The headquarters campus contains no oil production facilities. The attacks followed Saudi strikes on oil facilities in Houthi-controlled Yemen, after the Houthis threatened retaliation against Aramco sites and Riyadh’s King Khalid International Airport.
Brent crude futures rose 89 cents, or 0.8%, to $106.58 a barrel by 0030 GMT Wednesday as traders weighed supply risks from the fighting. West Texas Intermediate gained 80 cents, or 0.9%, to $94.94.