Oil prices settle up about 3% as Houthi attack on Saudi Arabia lifts supply fears

πŸ‡ΈπŸ‡¦ Channel NewsAsia (SA) —
Oil prices settle up about 3% as Houthi attack on Saudi Arabia lifts supply fears

AI Summary

Oil prices increased about 3% following a Houthi attack on Saudi Arabia, lifting fears about potential supply disruptions in global energy markets. The incident underscores ongoing regional instability affecting oil markets.

World Security Conflict Politics Markets Commodities Energy Shipping oil prices Houthi attack Saudi Arabia supply fears regional conflict

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