Brent crude tops $100 after Houthi attack on Saudi infrastructure

Key facts

• Brent crude futures surpassed $100 a barrel.
• Houthi militants attacked infrastructure in Saudi Arabia.
• The attack targeted facilities crucial for oil transportation.

Brent crude futures climbed above $100 a barrel on Tuesday, following reports of an attack by Houthi militants on infrastructure in Saudi Arabia. The precise targets and extent of damage were not immediately clear, but the incident heightened concerns about potential supply disruptions in a region critical to global oil flows. The attack underscores the ongoing geopolitical risks that continue to impact energy markets, contributing to price volatility.