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Oil prices hit 6-week high after Saudi refinery attack

By John_Doe 163 words
Oil prices hit 6-week high after Saudi refinery attack

Smoke rising from an oil refinery facility during a security incident. CNBC

Global oil prices are climbing fast after reports that Houthi rebels attacked a major Saudi Aramco refinery.

Oil prices just jumped to their highest point in six weeks. This happened after reports came in that a Saudi Aramco oil refinery was hit in an attack. The attack was reportedly carried out by Houthi rebels. The facility targeted is the Jazan refinery. This is not the first time this site has been hit, and the news has made investors worried about the supply of oil. When there is trouble in places where oil is made, the price of oil usually goes up. People are worried that if these attacks keep happening, it might be harder to get oil to the rest of the world. The situation in the region is…

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