# Oil gains over $2 on attacks on Saudi energy sites, Strait of Hormuz disruptions

> Oil prices rose more than $2 a barrel on Thursday after Houthi attacks on a Saudi East-West pipeline pumping station, a Yanbu oil facility and an Aramco building in Riyadh. Iran's military also said four tankers were hit in the Strait of Hormuz, and Ukraine reported drone strikes on the Ust-Luga port in Russia.

- Date: 2026-11-12 · published 2026-11-12T21:09:39.665Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/96494-oil-gains-over-2-on-attacks-on-saudi-energy-sites-strait-of-hormuz-disruptions
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Attacks on Gulf export infrastructure and Hormuz shipping threaten crude supply, raising energy and diesel costs for feed production, transport and grain drying. Higher energy prices also tend to lift vegetable oil and biofuel-linked feedstock prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-08-19 | [Oil Rises 2% After Attack on Saudi Field, Stimulus Expectations - Oil & Gas 360](https://feedsoft.ai/events/57775-oil-rises-2-after-attack-on-saudi-field-stimulus-expectations-oil-and-gas-360.md) | -1.3% | -0.1% |
| WTI | 2019-08-19 | [Oil rises as markets factor in latest attack on Saudi energy facility \| The National](https://feedsoft.ai/events/57774-oil-rises-as-markets-factor-in-latest-attack-on-saudi-energy-facility-the.md) | -1.3% | -0.1% |
| WTI | 2019-09-16 | [Oil prices leap as attack on Saudi facility disrupts output \| AP News](https://feedsoft.ai/events/6928-oil-prices-leap-as-attack-on-saudi-facility-disrupts-output-ap-news.md) | +5.8% | -0.1% |
| WTI | 2019-09-16 | [Oil Surges Most in Decades After Attack on Heart of Saudi Oil Industry](https://feedsoft.ai/events/57238-oil-surges-most-in-decades-after-attack-on-heart-of-saudi-oil-industry.md) | +5.8% | -0.1% |
| WTI | 2026-10-11 | [Oil Prices Jump 2% on Saudi Attacks as OPEC Sees Demand Rebound](https://feedsoft.ai/events/17243-oil-prices-jump-2-on-saudi-attacks-as-opec-sees-demand-rebound.md) | +7.5% | +4.9% |
| BRENT | 2019-08-19 | [Oil Rises 2% After Attack on Saudi Field, Stimulus Expectations - Oil & Gas 360](https://feedsoft.ai/events/57775-oil-rises-2-after-attack-on-saudi-field-stimulus-expectations-oil-and-gas-360.md) | +0.3% | +3.3% |
| BRENT | 2019-08-19 | [Oil rises as markets factor in latest attack on Saudi energy facility \| The National](https://feedsoft.ai/events/57774-oil-rises-as-markets-factor-in-latest-attack-on-saudi-energy-facility-the.md) | +0.3% | +3.3% |
| BRENT | 2019-09-16 | [Oil prices leap as attack on Saudi facility disrupts output \| AP News](https://feedsoft.ai/events/6928-oil-prices-leap-as-attack-on-saudi-facility-disrupts-output-ap-news.md) | +6.6% | -0.3% |

## Sources

- ca.investing.com: https://ca.investing.com/news/commodities-news/oil-prices-drop-more-than-1-as-hopes-for-iran-ukraine-peace-talks-pressure-markets-4951292
- live.euronext.com: https://live.euronext.com/en/financial-news/oil-gains-over-2-attacks-saudi-energy-sites-strait-hormuz-disruptions

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