{
  "id": 16377648,
  "title": "Oil prices jump $3 on Houthi attacks, oil spill",
  "url": "https://urgent.news/2026/10/24/oil-prices-jump-3-on-houthi-attacks-oil-spill",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-24T21:00:00.000Z",
  "source": {
    "name": "Qatar Tribune Business",
    "slug": "qatar-tribune-business",
    "url": "https://www.qatar-tribune.com/article/260748/business/oil-prices-jump-3-on-houthi-attacks-oil-spill"
  },
  "original_language": "en",
  "account": null,
  "summary": "Oil prices surged more than $3 on Friday, reaching their highest levels in nearly six months, following Houthi attacks in Saudi Arabia that raised concerns about further disruptions to energy supplies in the Middle East. Brent crude futures settled at $116.72 a barrel, while U.S. WTI crude finished at $103.27 a barrel, marking a 6.2% and 1.8% weekly increase for Brent and WTI, respectively. The U.S. Department of Energy authorized an emergency exchange of up to 400,000 barrels of crude oil from the Strategic Petroleum Reserve to address a supply disruption affecting Phillips 66’s Lake Charles refinery in Louisiana. Additionally, Asian spot LNG prices climbed to a fresh multi-year high on firm demand, driven by colder weather forecasts in northeast Asia and lingering geopolitical risks from the U.S.-Iran conflict. European LNG markets also saw a rise as Middle East geopolitical developments and Norwegian pipeline outages fueled concerns.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Oil little changed as supply concern lingers amid Houthi attacks on Saudi Arabia",
        "url": "https://urgent.news/2026/10/23/oil-little-changed-as-supply-concern-lingers-amid-houthi-attacks-on",
        "published": "2026-10-23T01:06:35.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Oil little changed as supply concern lingers amid Houthi attacks on Saudi Arabia",
        "url": "https://urgent.news/2026/10/23/oil-little-changed-as-supply-concern-lingers-amid-houthi-attacks-on-16136655",
        "published": "2026-10-23T01:12:18.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Oil little changed as supply concern lingers amid Houthi attacks on Saudi Arabia",
        "url": "https://urgent.news/2026/10/23/oil-little-changed-as-supply-concern-lingers-amid-houthi-attacks-on-16143892",
        "published": "2026-10-23T02:33:58.000Z"
      },
      {
        "outlet": "Business Daily Africa",
        "title": "Kenya’s diaspora inflows from Africa overtake UK, Saudi Arabia",
        "url": "https://urgent.news/2026/10/23/kenyas-diaspora-inflows-from-africa-overtake-uk-saudi-arabia",
        "published": "2026-10-23T12:05:47.000Z"
      },
      {
        "outlet": "Gulf Times Business",
        "title": "Oil prices jump on Houthi attacks, settle at highest levels since April",
        "url": "https://urgent.news/2026/10/23/oil-prices-jump-on-houthi-attacks-settle-at-highest-levels-since-april",
        "published": "2026-10-23T21:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}