Brent Rises After Houthi Strike on Riyadh, Sanaa Already Hit
🛢️ MARKETS — Riyadh struck while Sanaa burns; oil moves before the morning. 📌 LOOK CLOSER: Houthis hitting the Saudi capital — not just energy infrastructure — triggers a different risk premium. Riyadh is a political target; markets price regime threat, not just barrels. With Sanaa already struck and the IRGC co-belligerent warning live, traders are front-running a two-front Gulf escalation. Brent at $103 has little buffer before Goldman's $120 threshold.
