Brent crude tops $110 after Houthi attacks on Saudi Arabia

Brent crude oil surged past $110 per barrel on Thursday as fresh Houthi attacks in Saudi Arabia intensified fears over regional security, shipping routes, and oil supplies, prompting the United States to order some diplomats and their families to leave American missions in the kingdom. US West Texas Intermediate crude futures rose 0.93% to $98.05 per barrel, while Brent futures climbed 1.06% to $110. Analyst Aamir Makda noted Brent has toggled between $107 and $113, maintaining support above $110, with key support at the 20-DEMA level and immediate resistance at 9593, expecting a sideways-to-bullish trend ahead of inventory data. The attacks mark an escalation in regional tensions that have repeatedly threatened oil infrastructure and maritime transit in the Middle East, with traders closely monitoring supply disruptions and the potential for further US or allied responses.