Brent crude futures jumped $4 a barrel to more than $108, rising over 5% following the attacks. US crude prices climbed above $96 as the Saudi Civil Defense issued danger alerts for major cities, including Mecca and Jeddah. The Yemeni forces claimed the strikes killed and wounded hundreds of Saudi and mercenary personnel, though the kingdom's military officials reported that the launch threats to these cities had passed by midday.
Tuesday, October 20, 2026
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Brent Crude Tops $108 as Houthis Strike Saudi Tabuk for First Time
War26 days ago
Yemen's Ansarallah Armed Forces fired dozens of ballistic missiles and drones on Thursday at military installations in Saudi Arabia's Jizan region. The Houthis targeted weapons depots, operation rooms, and command centers in the Al-Tuwal area, while also launching strikes toward Tabuk for the first time. The Saudi-led coalition stated it intercepted six ballistic missiles aimed at Yanbu and the King Fahd Air Base in Taif, with Greek-operated air defense systems handling interceptions over the Red Sea port of Yanbu.
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