Oil rises after Houthi attack on Saudi capital ↧ ↧ Oil rises after Houthi attack on Saudi capital Oil prices rose ​on Monday after ‌Yemen's Iran-backed Houthis launched missile ​and drone strikes ​at Saudi Arabia's capital ⁠Riyadh on ​Saturday, escalating tension ​in the Middle East while the US ​and Iran ​remained in stalemate.