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Line chart showing WTI crude oil prices climbing after Houthi strikes on Saudi Arabian oil facilities.

Iran-aligned Houthi forces struck three Saudi Aramco facilities this week, including the 400,000-barrel-per-day Jazan refinery, which Saudi Arabia halted afterward. The attack shifted the six-month conflict's risk from a transit chokepoint that shipping can route around to production capacity that cannot simply be rerouted once damaged. The six-month price path shown here already reflects four separate round trips between the high sixties and low one hundreds since the war began in March.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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