The Saudi-led coalition reported intercepting and destroying a ballistic missile launched from Yemen toward Riyadh.
FirstSquawk10/23, 07:59 AM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
Gold
Would push up
IntradayLow confidence
Intercepted missile attack near Riyadh raises geopolitical risk premium, supporting safe-haven gold demand
WTI
Would push up
IntradayLow confidence
Missile threat near major Saudi oil-producing region raises event-risk premium for crude
What could change this
If no further attacks or actual damage follow, the risk premium from this incident is likely to fade quickly.
WTI before and after this story
103.44+3.99%vs previous close
+4.33%
since this story
Measured from the price when this story was posted to the latest stored price, so it can lag the live price.
This story
Related assets
Coming up for WTI
Explore next
FirstSquawk10/24, 08:39 AM
A Saudi-led coalition said Yemen's Houthis launched a ballistic missile toward Riyadh.
FinancialJuice10/24, 08:35 AM