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Brent rises above $107 as attacks, pipeline outage deepen Saudi supply concerns

World News

15-09-2026 | 07:24

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Brent rises above $107 as attacks, pipeline outage deepen Saudi supply concerns

Oil prices rose more than 1% on Tuesday after attacks on Saudi Arabian energy infrastructure left the kingdom's East-West pipeline offline, raising fears that damage to energy infrastructure and transport routes could take longer to repair.

Brent crude futures rose $1.67, or 1.58%, to $107.35 a barrel at 1002 GMT, while U.S. West Texas Intermediate futures were up $2.14, or 2.11%, at $103.53 a barrel.

Concerns over oil supplies intensified after Iran-backed Houthi forces in Yemen launched fresh attacks on Saudi Arabia on Monday, while Gulf Arab states postponed planned discussions with Iran.

Reuters

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