Commodities
Houthi rebels claim strike on Saudi Aramco facility
Yemen's Houthi movement claimed responsibility for a strike on a Saudi Aramco oil facility as fighting in Yemen intensifies.
Earlier reports already described smoke and fire near an Aramco site in Riyadh, highlighting rising tension around the region's energy infrastructure.
For beginners Attacks on oil infrastructure raise the risk of supply disruption, and oil markets price in such geopolitical risk because crude is a globally traded commodity sensitive to any threat to production or transport.