Oil prices slip as US weighs Russian energy waiver, Middle East attacks persist

Oil prices fell Tuesday as markets weighed a US executive order waiving some sanctions and tariffs on Russian energy exports, while ongoing attacks on Saudi Arabia and Yemen kept Middle East supply risks in focus. Brent crude dropped 49 cents to $109.06 a barrel. The executive order, issued Friday by President Donald Trump, waived key Russia-related penalties including duties on goods and oil purchases, though officials said a final decision is pending. Russia's September crude output rose to 8.43 million barrels per day, still down 870,000 from a year ago. Yemen's Houthis claimed attacks on Saudi energy and airport targets, including an Aramco site, though Saudi authorities did not confirm. A separate Houthi attack on a Yemeni training camp killed 58 people, keeping prices above $100 amid regional instability.