# Brent Oil Hits $80 After Airstrikes Target Yemen Houthis - Bloomberg

> Oil jumped after the US and its allies launched airstrikes on Houthi rebels in Yemen. The strikes followed Houthi attacks on Red Sea shipping that have disrupted fuel and goods flows.

- Date: 2024-01-12 · published 2024-01-12T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/32315-brent-oil-hits-80-after-airstrikes-target-yemen-houthis-bloomberg
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Escalation against Houthi forces raises the risk of further disruption to Red Sea shipping, supporting crude prices and freight costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-03-09 | [US strikes three Iranian oil tankers after Iran targets US warships](https://feedsoft.ai/events/66178-us-strikes-three-iranian-oil-tankers-after-iran-targets-us-warships.md) | +1.0% | +4.8% |
| BRENT | 2026-03-12 | [Brent Oil Tops $100 as Persian Gulf Disruption Hits Global Supply - Bloomberg](https://feedsoft.ai/events/8158-brent-oil-tops-100-as-persian-gulf-disruption-hits-global-supply-bloomberg.md) | +23.1% | +16.8% |
| BRENT | 2019-09-15 | [Brent crude oil spikes the most in history after Saudi attacks](https://feedsoft.ai/events/57247-brent-crude-oil-spikes-the-most-in-history-after-saudi-attacks.md) | +6.6% | -0.3% |
| BRENT | 2026-07-23 | [Oil Jumps 7% To $100 As Houthis Target Saudi Tankers](https://feedsoft.ai/events/9931-oil-jumps-7-to-100-as-houthis-target-saudi-tankers.md) | -2.9% | -2.2% |
| BRENT | 2026-03-20 | [Iran War: Brent Benchmark Surges While Real-World Oil Costs Climb Even Higher - Bloomberg](https://feedsoft.ai/events/20347-iran-war-brent-benchmark-surges-while-real-world-oil-costs-climb-even-higher.md) | +0.8% | -14.0% |
| WTI | 2018-03-09 | [US strikes three Iranian oil tankers after Iran targets US warships](https://feedsoft.ai/events/66178-us-strikes-three-iranian-oil-tankers-after-iran-targets-us-warships.md) | +1.7% | +3.2% |
| WTI | 2026-03-12 | [Brent Oil Tops $100 as Persian Gulf Disruption Hits Global Supply - Bloomberg](https://feedsoft.ai/events/8158-brent-oil-tops-100-as-persian-gulf-disruption-hits-global-supply-bloomberg.md) | +10.6% | +13.9% |
| WTI | 2019-09-15 | [Brent crude oil spikes the most in history after Saudi attacks](https://feedsoft.ai/events/57247-brent-crude-oil-spikes-the-most-in-history-after-saudi-attacks.md) | +5.8% | -0.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-01-12/brent-oil-hits-80-after-airstrikes-target-yemen-s-houthis

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.