Tag

Saudi Arabia

Money

Tech sold off again and oil just hit $112 — as the U.S. ordered diplomats' families out of Saudi Arabia

Meta's AI spending plans and Tesla's capex cut spooked tech, while fresh Houthi attacks in Saudi Arabia sent Brent toward a five-month high. The AI-trade wobble is now a Middle East story too.

Business

Brent just topped $111 as Houthis claim strikes on Saudi oil sites — Riyadh stays silent

The Houthis said Monday they hit an Aramco facility, the Shaybah oilfield and two airports. Saudi Arabia hasn't confirmed the claims and Reuters says it can't verify them — but markets priced the risk anyway, pushing crude to its highest since May.

World

Saudi Arabia extends Riyadh airport closure to Oct. 17 as Houthi attacks escalate

The coalition reported intercepting missiles aimed at Al-Kharj province; Brent crude settled at $106.65 and energy stocks hit a record.

World

Houthi strikes kill 13 at Riyadh airport; Saudi aviation largely shut down

The deadliest attack on Saudi soil in over a decade has closed the capital's main airport, cancelled nearly all flights, and pushed Brent crude above $104.