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Saudi Arabia issues emergency alert for Khamis Mushait, Abha

Saudi Arabia's Civil Defense on Monday issued emergency alerts for the Khamis Mushait Governorate and Abha City. The officials then lifted the warnings shortly after, urging residents to continue following official instructions and avoid gathering, aljazeera reported.

Saudi Arabia issues emergency alert for Khamis Mushait, Abha

On Monday, Saudi Arabia's Civil Defense issued emergency alerts for the Khamis Mushait Governorate and Abha City. Shortly after, the authorities lifted the warnings, cautioning residents to continue following official instructions and avoid gatherings. The attack claimed responsibility by Yemen's Houthis, who targeted King Khalid Air Base in Khamis Mushait with dozens of ballistic missiles and drones.

WTI Oil, a benchmark for the Oil market, experienced a 1.44% increase on Monday, reaching $98.05 per barrel. The price of WTI Oil is influenced by factors such as global growth, political instability, wars, sanctions, OPEC decisions, and the value of the US Dollar. The American Petroleum Institute (API) and the Energy Information Agency (EIA) publish weekly Oil inventory reports, which impact WTI Oil prices based on changes in supply and demand. OPEC's production quotas and their expanded group, OPEC+, also significantly affect Oil prices.

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