XLE & Oil

Egypt Votes to Defend Saudi Arabia, Risking Houthi Fire

OilPrice.com·Oct 26, 2026 · 12:30 PM CT
Readthrough summary

Egypt's parliament authorized military support to defend Saudi Arabia on Monday, the same day Yemen's Houthis claimed unconfirmed attacks on pumping stations along the kingdom's East-West crude pipeline and on Riyadh's airport. President Sisi has said Egyptian help will be limited to defending Saudi territory, with no attacks inside Yemen.

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