per barrel as of Sept 2026 — threshold driving stagflation fears
PEOPLE WOUNDED
73+
in Tuesday's coordinated Houthi strikes across four Saudi cities
ABQAIQ SHARE
~7%
of global oil supply processed at Saudi Arabia's most critical facility
2019 OUTPUT CUT
~50%
of Saudi production temporarily lost after prior Abqaiq drone attack
CITIES HIT
4
Saudi cities struck simultaneously — broadest Houthi coordinated attack to date
Key events on timeline
Supply concentration risk
GLOBAL OIL THROUGH HORMUZ
~20%
Of all global oil trade transits the Strait of Hormuz daily — a single chokepoint
IRANIAN EXPORTS VIA KHARG
~90%
Of Iranian oil exports flow through Kharg Island terminal — vulnerable to escalation
HOUTHI BACKING SINCE
2014
Year Iran began supporting Houthi operations — over a decade of proxy capability-building
Key questions
Price data: EIA Brent crude monthly closing prices. Strike data: AP News, Reuters. Infrastructure significance: EIA Strait of Hormuz analysis. Sept 2026 Brent price of ~$99.4/bbl is an estimate based on trend projection and event-driven premium consistent with historical Houthi strike impacts.