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Houthi Strikes on Saudi Oil Facilities Escalate Middle East Conflict

๐Ÿ’ก Why it matters
Disruption to Saudi oil production could spike crude prices, raising fuel costs for Canadians and straining the economy.

Iran-backed Houthi rebels attacked four Saudi Arabian cities with drones and missiles, wounding over 70 people and igniting oil installations. Saudi Arabia vowed retaliation, while global oil prices rose and TSX futures slipped on weaker gold prices.

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๐Ÿ“ก Where we spotted it (2)
kitco.com
TSX futures slip on weaker gold prices; oil rises on Middle East tensions
40d ago
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The Guardian
Houthis strike Saudi Arabian cities in significant expansion of Middle East war
40d ago
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