Key facts
- Yemen's Houthis claimed responsibility for missile and drone attacks on sensitive sites in Saudi Arabia's capital, Riyadh, on Saturday.
- Flames and a large plume of black smoke were seen rising above Riyadh airport.
- Saudi Arabia's stock market declined on Sunday following the Houthi claims.
- Brent crude futures climbed to $104.68 a barrel, and WTI crude was at $101.06 a barrel.
Oil prices rose following Houthi missile and drone attacks on Saudi Arabia's capital, Riyadh, on Saturday, escalating regional tensions. Brent crude futures climbed 81 cents, or 0.78%, to $104.68 a barrel by 2202 GMT, while US West Texas Intermediate crude was at $101.06 a barrel, up 76 cents, or 0.76%. Saudi Arabia's stock market fell on Sunday after the Iran-backed Houthis claimed responsibility for the strikes. The attacks, which involved flames and a large plume of black smoke seen rising above Riyadh airport, prompted the Saudi government to issue phone alerts warning of aerial attacks for the first time in Riyadh since July. Explosions were heard in the capital as firefighters battled a burning fuel tank near King Khalid International Airport. The military coalition fighting the Houthis stated its air defenses had destroyed a missile fired toward Riyadh. The UN Security Council condemned continued Houthi attacks against Saudi Arabia, including those affecting civilian and energy infrastructure.