Houthi-Saudi Fighting Sends Oil Prices Soaring Amid Fears of Long War

Oil prices surged on September 11th, 2026, as fighting between Houthi forces and Saudi Arabia escalated. The conflict has raised concerns of a long war for Iran, which could impact global oil markets.

The Houthi movement, backed by Iran, has been engaged in a protracted conflict with the Saudi-led coalition in Yemen. The escalation of violence has led to higher oil prices, with Brent crude rising to $85 per barrel and WTI climbing to $80 per barrel.

Iran is bracing for a long war, which could disrupt global oil supplies and drive up prices further. The country's oil exports have already been affected by the conflict in Yemen, and a prolonged war could lead to significant losses for Iran's economy.