Oil prices rise as Houthi attacks and US Gulf storm raise supply risks

Brent crude rose 0.7% to $101.27, WTI up 0.6% to $88.94. Houthi missiles damaged two Saudi airports and targeted Riyadh; a separate attack wounded 12 mariners near the Strait of Hormuz. A developing storm shut in 9.2% of U.S. Gulf crude output. The EIA raised its Q4 Brent forecast to $105 a barrel. Shell reported a record Q3 refining margin of $42 a barrel.