Oil prices rose as Houthi attacks on a Saudi Arabian refinery raised concerns about supply.1
The material available gives no figures for how far prices moved, how much output was affected or how long any disruption might last. The two outlets that covered the attacks also described the targets differently. CNBC's headline referred to a Saudi Arabian refinery, while Breitbart's headline said the Houthis had claimed attacks on Saudi oil pumps and Riyadh airport. The available reports do not resolve that difference.1,2
The Houthis have claimed attacks on Saudi oil pumps and the airport in Riyadh. It is not clear from the available material whether Saudi authorities have confirmed those claims, and no statement from Saudi officials appears in the reports reviewed.2
MS NOW published a piece headlined "Trump ignores his own team's advice, celebrates higher oil prices." Its standfirst said that "the more consumers suffer, the more money oil companies make," and that the president was celebrating higher prices as part of his closing message ahead of the midterms.3
The MS NOW piece does not identify the advice from Trump's team that it says he ignored. The excerpt available contains no direct quote from the president or from any other official, and no response from Trump or his administration to the piece or to the oil price movement appears in the material reviewed.3
It is not known how much of the rise in oil prices is tied to the reported attacks, or whether any disruption to Saudi facilities will continue. Confirmation of the attacks from Saudi authorities, a fuller statement from the Houthis and any further movement in prices were not covered in the reports available.1,2,3
