Saudi Arabia reported that it had intercepted Houthi missiles. Oil prices rise 2%
Riyadh is restoring operations on the key “East-West” pipeline, which allows oil to be transported overland amid the blockade of the Strait of Hormuz / Photo: Shutterstock.com
Saudi Arabia repelled a new attack by Yemeni Houthis: According to the kingdom, missiles were fired at the port city of Yanbu on the Red Sea and the city of Taif, Bloomberg reports. The Riyadh-led coalition said it intercepted a total of six ballistic missiles.
In addition to Yanbu and Taif, an alert was issued in the Muslim holy city of Mecca, as well as in the cities of Jeddah and Tabuk. Authorities later reported that the danger had passed, without specifying whether missiles had to be intercepted there as well. All of the locations mentioned are in western Saudi Arabia, on or near the Red Sea coast.
Riyadh is currently restoring operations on the key 1,200-km “East–West” pipeline, which was damaged in early September by drones launched from Iraq, where some pro-Iranian groups are based. It is precisely this route that has allowed the kingdom to reroute oil overland to the port of Yanbu amid ongoing disruptions in the Strait of Hormuz.
Brent crude oil rose by more than 2% on Thursday, surpassing $105 per barrel.
This article was AI-translated and verified by a human editor
