Brent holds near a six-month high as Houthi attacks on Saudi Arabia go on
Brent gained 6% last week and eased to $114.60 early on Monday, as Houthi strikes on Saudi airports and energy sites continued over the weekend.
Source published · In the Daily Brief of 26 October 2026
Brent futures settled nearly $3 higher on Friday after Houthi attacks in Saudi Arabia, finishing the week up 6%, Reuters reported. Early on Monday Brent was down $2.12 at $114.60 a barrel and US crude was down $2.14 at $101.13. Reuters and Investopedia put Friday’s level at the highest since April; the Associated Press said it was the highest since June 2022.
The Houthis said they had attacked Saudi airports and oil facilities on Saturday, and Saudi Arabia said on Sunday it had intercepted more missiles and drones. Riyadh’s King Khalid airport partly reopened on Sunday after a two-week closure, while the group warned airlines that it remained a target, according to AFP. Separately, Saudi Arabia said it would start storing crude in Singapore from the second half of 2027.