Low impact
Houthi forces attacked Saudi Aramco facilities and a merchant vessel was attacked in the Strait of Hormuz, driving crude-related futures sharply higher with several LPG contracts hitting their daily limit up.
Jin1010/23, 09:50 AM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
WTI
Would push up
DaysLow confidence
Attacks on Saudi Aramco facilities raise risk premium on crude supply
Gold
Would push up
DaysLow confidence
Escalation near a major oil chokepoint can lift safe-haven demand
What could change this
If no actual disruption to oil production or shipping through the Strait of Hormuz is confirmed, the risk premium could fade.
WTI before and after this story
103.27+3.82%vs previous close
+3.00%
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
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