NewsHK

Energy Stocks Rise as Houthis Vow Attacks on Saudi Facilities

10/15/2026

The NYSE Energy Sector Index gained 0.3% on Wednesday afternoon, while the State Street Energy Select Sector SPDR ETF (XLE) added 0.5%.

The Philadelphia Oil Service Sector Index fell 1.8% and the Dow Jones US Utilities Index declined 0.5% during the same period.

Geopolitical tensions contributed to the sector's movement, as Reuters reported that the Iran-aligned militant group Houthis vowed to continue attacks on airports and oil facilities in Saudi Arabia.

This pledge followed a strike that sources said caused extensive damage to the headquarters of Saudi Aramco.