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Cedar Global Markets
US 2Y4.68%
US 10Y5.00%
US 30Y5.31%
2s10s+32bp
WTI$107.89
Brent$115.22
Fed funds3.75–4.00%
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Core CPI2.8% YoY
Unemployment4.20%
Cedar Global MarketsData via FRED® (St. Louis Fed). Not endorsed by the St. Louis Fed. Delayed / as published.

UPDATE: Houthis Strike Four Saudi Cities; Oil Settles Below $100

in Energy, Middle East
Reading Time: 1 min read
Tanker beside a coastal energy terminal under desert mountains at golden hour, illustrating southern Saudi energy and Red Sea export-route risk.
byCedar Global Markets
September 10, 2026
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Coalition reports 73 civilians injured as Energy Ministry cites fires and temporary facility halts; Brent closed at $97.92.

Middle East • Energy • Geopolitics

Yemen’s Iran-aligned Houthis struck southern Saudi Arabia early Tue Sep. 8. The Saudi-led coalition and Foreign Ministry said attacks hit Abha, Khamis Mushait, Jazan (also spelled Jizan), and Najran, wounding 73 civilians, including women and children.

Saudi Arabia’s Energy Ministry said southern energy facilities were targeted, with fires and a temporary halt in some operations while teams contained blazes and assessed damage. It did not name individual plants. Houthis claimed Aramco sites and an air base; those target claims remain unverified by the ministry.

Brent settled at $97.92 and WTI at $93.03 after session highs near $99.46 and $94.73. Near-$100 Brent remains a watch, not a settle. The episode adds Red Sea and Yanbu-route risk beside impaired Hormuz, where Kpler counted seven commodity vessels Monday versus eight the prior day.

Sources: Saudi-led coalition / Saudi MFA via Reuters and Al Jazeera; Saudi Energy Ministry via SPA/QNA; Reuters oil settles Sep. 8.

Cedar Global Markets

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