Sam Price Reveals Houthi Missile Attack on Riyadh Airport, Brent Crude Risk Premium Rises
According to Twitter user Sam Price, Houthi missiles have struck King Khalid International Airport in Riyadh, resulting in at least 13 to 16 fatalities, including one American citizen. The airport will remain closed at least until October 17, and Saudi officials have vowed to respond seriously. Brent crude is trading above $105 due to risk premium. High oil prices are driving inflation up and leading to a decrease in market risk appetite, which poses resistance to Bitcoin until the situation stabilizes.
-- Price
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