Saudi All-Clear in Khamis Mushait After Houthi Attacks, Oil Prices Rise

Saudi authorities declared an all-clear in Khamis Mushait following emergency alerts amid escalating clashes with Yemen's Houthis, who claimed attacks on an airbase and oil facilities. Recent Houthi attacks wounded dozens and sent oil prices higher, intensifying fears of a return to broader conflict. Iran also threatened economic warfare amid the escalating regional tensions. This geopolitical instability and potential for higher crude oil prices could support safe-haven demand for gold and exert pressure on the Pakistani Rupee.

بحوالہ / Source: www.brecorder.com