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Oil prices rise amid attacks by Yemen's Houthis on Saudi Arabia, raising supply disruption fears.

Market News
06 Oct 2026
CNBC
View Source
Bullish
Oil prices rise amid attacks by Yemen's Houthis on Saudi Arabia, raising supply disruption fears.

Oil prices increased as attacks by Yemen's Iran-backed Houthis targeted Saudi airports in Jazan and Najran, raising concerns about crude supply disruptions from the Middle East. Despite recovering supplies, including 5.8 million barrels pumped through the East-West Pipeline, geopolitical risks remain high. Analysts warn that ongoing hostilities could escalate, potentially causing larger-scale supply interruptions. This situation keeps oil markets volatile amid a balance between improving supply and persistent conflict risks.

Oil market volatility is influenced by geopolitical risks including recent Houthi attacks on Saudi Arabia. For readers following energy stocks, here is Pluang's market snapshot as of Oct 07, 2026 09:21 WIB: out of 38 priced Energy-sector US stocks, 20 rose and 17 fell. Notable movers include Williams Companies Inc (WMB) at USD 72.19 with a 1-day change of +1.95% and 100% sell order activity, Indonesia Energy Corporation Limited (INDO) at USD 2.73 down 1.80% with 100% buy order activity, and Noble Corporation plc (NE) at USD 41.86 down 1.62% with 100% buy order activity.

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