Commodities

Houthi Attacks Drive Oil Prices Back Above $100 on Supply Fears

Guavy AI Editorial Team Published October 7, 2026

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Oil

Oil prices rebounded on Wednesday, with Brent crude climbing back above $100 a barrel following renewed attacks by Yemen's Houthi rebels on Saudi Arabian infrastructure. The global benchmark gained about $1.04, or roughly 1%, to around $101.60 a barrel in early trading, while U.S. benchmark West…

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