Friday, 16 October 2026 · World
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EUROS The World Financial Report
Nº 97 Friday, 16 October 2026 · World Edition
Economy

Economy

The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.

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Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline

Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab strait Business news, live updates Oil prices have climbed above $108 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipeline. Brent crude, the international benchmark for oil prices, surged to as much as $108.03 a barrel on Monday, a 3.25% increase on the day. Continue reading...

3 min read · 14 Sep 2026
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