Drone strikes knocked Saudi Arabia's Petroline offline, threatening 4 million bpd of supply for weeks. Brent crude surged past $108 per barrel.

Houthi strikes threaten Saudi oil exports as Brent hits $105 and Middle Eastern crude soars to $120.

Saudi oil pipeline hit by projectiles raises supply concerns. Crude oil reaches a new all-time high by December 31 at 13.5% YES.