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Oil prices jump more than 2% following new Houthi strikes on Saudi Arabia and the Strait of Hormuz

Oil prices rose over 2% after reports of new Houthi attacks on Saudi Arabia and the Strait of Hormuz.

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David Chen · Commodities Desk · 19 Sept 2026 · 04:57 · 1 min read

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Oil prices jump more than 2% following new Houthi strikes on Saudi Arabia and the Strait of Hormuz

Oil prices jumped more than 2% following new Houthi strikes on Saudi Arabia and the Strait of Hormuz.

Gold / US Dollar

XAUUSD

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4380.1397▲ 0.07%

As of 18/09/2026, 21:00:00

The event is classified as a geopolitical escalation with high materiality and confidence, directly impacting global energy benchmarks such as Brent and WTI and shipping routes through the Strait of Hormuz, and it is expected to drive near‑term volatility across commodity and FX markets. Further verified details were not immediately available.

Commodities Oil Brent Crude WTI Crude Geopolitics

This article was produced with AI assistance and edited by a Finance Review Daily journalist.

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Written by

David Chen

Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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Oil prices jump more than 2% following new Houthi strikes on Saudi Arabia and the Strait of Hormuz

Gold / US Dollar

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