Saudi Arabia reportedly carried out unpublicised retaliatory strikes on Iran during the war, according to Reuters citing sources; attacks were carried out in late March

The reported retaliatory strikes by Saudi Arabia against Iran suggest escalating tensions in the region, which could have significant implications for oil supply stability. This development may raise concerns around heightened risks in the Middle East, likely influencing oil prices, particularly WTI, and could lead to increased volatility in energy markets as traders assess the ongoing geopolitical landscape.