U.S. oil prices reach highest level in over three months after Saudi Arabia says civilian and energy sites struck

U.S. oil prices have surged to their highest level in over three months following reports of attacks on civilian and energy sites in Saudi Arabia, a key player in the global oil market. This escalation in Yemen, where the Saudi-led coalition is fighting Houthi rebels, has disrupted supply chains and raised concerns about broader regional stability. The spike in oil prices is likely to have immediate economic implications, affecting everything from transportation costs to consumer goods, and underscores the fragile nature of global energy markets.