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Oil Closes High with Houthis Attacks on Saudis and Cease-Fire Failure in Ukraine – Money Times

Oil closed high this Monday, 12, in the midst of the intensification of Houthis attacks on Saudi Arabia and Russia's new hostilities against Ukrainian energy targets, even after US President Donald Trump declared an energy cease-fire between the two countries. Negotiated at the Intercontinental Exchange in London (ICE), oil [...]

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New Houthis attacks on Saudi Arabia on the weekend pressured oil prices on Monday (12). Quotes ended the session at the highest levels in two weeks. US President Donald Trump's statement that Ukraine and Russia agreed to halt attacks on energy facilities in both countries, following a US diesel supply agreement with Moscow, helped contain a more intense movement for the recovery of crude oil. At Intercontinental Exchange (ICE), the Brent oil con…

·Rio de Janeiro, Brazil
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Negotiated at the Intercontinental Exchange of London (ICE), Brent oil for December closed at 1.84% (US$1.93), at US$106.65 per barrel

Oil closed high this Monday, 12, in the midst of the intensification of Houthis attacks on Saudi Arabia and Russia's new hostilities against Ukrainian energy targets, even after US President Donald Trump declared an energy cease-fire between the two countries. Negotiated at the Intercontinental Exchange in London (ICE), oil [...]

The oil closed high this Monday, 12, in the midst of the intensification of attacks by the Houthis against Saudi Arabia and the new hostilities of the

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Portal GMC Online broke the news on Monday, October 12, 2026.
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