Wire flash
Houthi missile attack on Saudi Arabia drives oil prices up 4% in a single day
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
On September 25, 2026, international oil prices surged approximately 4% to a one-week high following a missile attack by Yemen's Houthi forces on Saudi Arabia and stalled US-Iran diplomatic talks. Brent crude rose $4.10 to $107.18 per barrel, while US WTI crude gained $3.66 to $95.82. The Saudi-led coalition reported intercepting six ballistic missiles aimed at southern regions and the Red Sea coast. The price jump added to an 8% gain over the prior two trading days. Separately, the US expanded secondary sanctions on Iran's airline, leading to flight cancellations to Gulf states; Iran warned it would render airports in cooperating countries unusable. Saudi Arabia is increasing crude flows via its East-West pipeline to the Yanbu export hub, though tanker loadings have not resumed. US diesel futures rose over 5% intraday amid record-high diesel prices, with the US reportedly considering a ban on diesel exports, a move the EU warned could harm both economies. The Brent-WTI spread widened to its highest since May, typically favoring US exports, but US crude export volumes have fallen from a weekly peak of 6.4 million barrels in April to 3.3 million barrels in mid-September due to rising charter costs.
Source report
Date: September 25, 2026 00:36:48 | Source: CFi.CN
CFi.CN — International oil prices jumped approximately 4% on Thursday, hitting a one-week high, following a missile attack by Yemen's Houthi forces on Saudi Arabia and a lack of progress in U.S.-Iran diplomatic talks.
- Brent crude rose $4.10 to settle at $107.18 per barrel, a gain of 4%.
- U.S. West Texas Intermediate (WTI) crude increased $3.66 to $95.82 per barrel, also a 4% rise.
The Saudi-led coalition reported successfully intercepting six ballistic missiles, preventing strikes on southern regions and the Red Sea coast. The price surge adds to cumulative gains of approximately 8% over the previous two trading sessions.
Escalating Tensions and Sanctions
The United States has intensified secondary sanctions on Iranian airlines, leading to the cancellation of flights from Iran to Gulf states. In response, Iran has warned that airports in neighboring countries cooperating with the U.S. ban could become unusable.
Saudi Oil Flow Adjustments
Saudi Arabia is increasing crude oil flows through its East-West pipeline to the export hub of Yanbu on the Red Sea. However, tanker loading operations have not yet resumed.
Diesel Market Concerns
Diesel prices have reached record highs, and reports indicate the U.S. is considering a ban on diesel exports. The European Union has expressed concern, warning of potential negative economic impacts on both sides. U.S. diesel futures briefly surged more than 5% during Thursday's trading session.
Widening Brent-WTI Spread
The premium of Brent crude over WTI has risen to its highest level since May. While this typically favors U.S. crude exports, a sharp increase in chartering costs has reduced U.S. export volumes from a weekly peak of 6.4 million barrels in April to 3.3 million barrels by mid-September.
Source
中财网-期货Neutral / independent