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International Business Times

Business

Yemen's Houthis Said They Attacked Saudi Airports. Oil Prices Climb Again.

Oil Yemen Rashad alAlimi Riyadh

The Iran-backed Yemen Houthis said they attacked airports and military facilities in Saudi Arabia. (Credit: Getty Images)

Oil prices are climbing on Wednesday after Yemen's Houthi rebels claimed to target airports and military sites in Saudi Arabia.

Brent crude, the international benchmark, gained 1.16% and clocked in at $101.75 a barrel at 8:40 a.m. ET, while West Texas Intermediate, the U.S. benchmark, climbed almost 1% and stood above $90 a barrel at the same time.

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