Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › World News › Oil prices rise after drone attacks shut down Saudi...
World News

Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline

The Guardian World Monday 14 September 2026, 08:03 UTC By Lauren Almeida 1 min read
Key Points

Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab straitBusiness news – live updatesOil prices have climbed above $107 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipeline. Brent crude, the international benchmark for oil prices, surged to as much as $108 a barrel at one point on Monday, later easing back to $107.7 – a 3% increase on the day.

Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab strait

Oil prices have climbed above $107 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipeline.

Brent crude, the international benchmark for oil prices, surged to as much as $108 a barrel at one point on Monday, later easing back to $107.7 – a 3% increase on the day.

Continue reading...
Saudi Arabia’s (LOCATION) East-West (LOCATION) Yemen (LOCATION) Bab al-Mandab (PERSON) Saudi Arabia (LOCATION) Brent (PERSON)
Originally published by The Guardian World Read original →

Related Stories

Malaysian boy acquitted for murder of schoolgirl on grounds of insanity

The killing of the 16-year-old nearly a year ago had shocked Malaysia and sparked debate about social media.

BBC World 9m ago

Inside Moscow’s High-Tech Surveillance Turn

From facial-recognition payments at checkout to autonomous delivery robots on the sidewalks, Moscow is rapidly transforming into a high-tech city. But this seamless convenience comes at a cost: an expanding web of citizen surveillance. Our reporter Ivan Nechepurenko reports from Moscow.

NYT World 14m ago

'State-led discrimination': Turkey detains dozens after raids targeting LGBTQ groups

Turkish police on Sunday arrested at least 60 people in mass raids on gay bars and the homes of LGBTQ activists, in what authorities said was an operation aimed at boosting traditional family values. The raids sparked condemnation from rights groups and opposition parties, as well as the European Union parliament's rapporteur on Turkey. France 24’s Jasper Mortimer has the latest.

France 24 21m ago

US pilot survived for two days behind enemy lines with broken back after Iran shot down plane: ‘It was terrifying’

US pilot survived for two days behind enemy lines with broken back after Iran shot down plane: ‘It was terrifying’ The airman had to be rescued from the mountains of Iran in April after his jet was downed by Iranian fire - Bookmark - CommentsGo to comments The American air force colonel whose fighter jet was downed over Iran in April has shared how survived for two days behind enemy lines with a broken back, arm and shoulder while waiting for help to arrive. ‘Bravo’ was the weapons-system...

The Independent World 22m ago