Houthis hit Aramco site south of Riyadh as G7 draws reserves

The Houthis struck an Aramco facility south of Riyadh on October 3, adding fresh physical risk to diesel balances already tight after repeated Middle East disruptions. G7 releases of 100 million barrels target the shortfall yet leave the underlying supply chain exposed to further strikes. Markets price the tension through Brent near 91 dollars and 10-year yields at 5.28 percent, while Bitcoin sits in consolidation at 84,900 dollars with exchange outflows still favoring custody over distribution. The gap between official patience on rates and the market’s higher-for-longer pricing continues to extract real tightening without fresh policy steps. Whether sustained energy costs now feed through to broader capital flows or remain contained in commodities remains the open variable.