Report
Reported Houthi attacks on Saudi oil infrastructure raise supply concerns; Brent crude near $110
A market watcher flags Brent near $110 as negative for airlines, paints, tyres and chemicals.
TLDR
Reports describe renewed Houthi attacks on Saudi Aramco facilities in Dhahran, Shaybah and Yanbu, as well as tanker attacks and mines near the Strait of Hormuz. A market watcher puts Brent near $110 amid Middle East supply risks and flags pressure on airlines, paints, tyres and chemicals. Middle East exports are described as recovering via alternative routes.
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