Bloomberg | Oil Rises as Saudi Attack Underscores Geopolitical Risk Premium Bloomberg Brent futures rose as much as 1.2 percent after adding 0.7 percent Wednesday. Two vessels were attacked by Yemeni Houthi militia, leading Saudi Arabia to suspend oil shipments via the Bab el-Mandeb Strait. Meanwhile, U.S. crude inventories dropped to ... Saudi Arabia suspends oil exports through Red Sea lane after Houthi attack Sharp Oil Moves Diverge From Stock Market, Worrying Some Investors Saudi Arabia suspends oil exports through Bab al-Mandeb |