Global oil markets experienced a significant surge on Monday, with Brent crude settling at $105.66 per barrel. This price jump, exceeding 4 percent, followed a series of attacks by Yemen-based Houthi militants targeting Saudi Arabian energy infrastructure and maritime vessels.

The strikes have caused immediate operational disruptions, most notably forcing the closure of a critical oil pipeline. According to reports, the damage to this infrastructure is severe enough that the pipeline is expected to remain out of service for several weeks. The U.S. benchmark, West Texas Intermediate (WTI), also saw a corresponding increase in value as traders reacted to the potential for supply constraints in the global market.

While the market impact is clear, the long-term implications for regional stability remain a point of concern for energy analysts. The attacks underscore the ongoing vulnerability of Saudi energy assets to drone and missile strikes originating from Yemen. As of Monday afternoon, international energy markets were closely monitoring the situation for further developments regarding repair timelines and potential retaliatory measures that could influence future price volatility.