# Oil Surges After Saudi Airport Attack

> Saudi airport attack spikes oil prices as New York stocks mix amid semiconductor weakness.
- Title: Oil Surges After Saudi Airport Attack · BigGo Finance
- Summary: Saudi airport attack spikes oil prices as New York stocks mix amid semiconductor weakness. Saudi Arabia's Riyadh airport attacked by Houthi rebels, pushing…
- Keywords: breaking, saudi arabia, houthi rebels, brent crude, dow jones, nasdaq, semiconductor, micron, microsoft, consumer price index, federal reserve, finance
- Source: BigGo Finance — https://finance.biggo.com/news/14442ed8-78ff-42fb-9f0c-3ccc5ed8060b
- Author: BigGo Finance
- Published: 2026-10-12T21:35:28+00:00
- Read time: 1 min
- Topics: breaking, saudi arabia, houthi rebels, brent crude, dow jones, nasdaq, semiconductor, micron, microsoft, consumer price index, federal reserve, finance
## Saudi Airport Under Attack
Houthi rebels attacked Riyadh international airport, Saudi Arabia's capital.
## Oil Prices Surge
Brent crude rose to $106.65 per barrel after the attack, fueling inflation concerns.
## New York Stocks Mixed
New York stocks closed mixed on the 12th with the Dow Jones rising 0.38% and Nasdaq falling 0.44%.
## Semiconductor Index Drops
Philadelphia Semiconductor Index hit its lowest level in three weeks as Micron plunged 3.9%.
## Microsoft Regains $4 Trillion
Microsoft regained $4 trillion market capitalization after announcing AI chip deployment plans.
## Inflation Concerns Rise
Cleveland Fed President Beth Hammack warned inflation is broadening and could prompt a Fed rate hike.
## Third-Quarter Earnings Approach
Major U.S. banks report third-quarter earnings starting this week amid oil price volatility.
## CPI Release Scheduled
U.S. September Consumer Price Index release is set for the 14th, influencing Fed rate decisions.
## Market Focus Shifts
Market attention turns to earnings and inflation data as oil prices remain elevated.
## Key takeaway

Saudi Arabia's Riyadh airport attacked by Houthi rebels, pushing oil prices to $106.65 per barrel while semiconductor stocks fall.