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Oil Prices Surge 4% After Houthi Attack on Israel, Head for Third Straight Monthly Gain. What’s the Near-Term Outlook?
Iran-backed Houthis threaten key shipping routes and have contributed to Brent crude surging over 50% in March, raising concerns about global oil supply disruptions.
6 Articles
6 Articles
Oil prices surge 4% after Houthi attack on Israel, head for third straight monthly gain. What’s the near-term outlook?
Crude oil prices surged nearly 3.7% to $116.75 per barrel on Monday, after Yemeni Houthis attacked Israel. Here's the latest price movement, along with experts' take on near-term outlook.
On March 30, a further rise in the price of oil was recorded, with the Brent mark approaching the historical monthly high. The catalyst for the growth was the first attacks by Yemeni Houthis on Israel, which took place last weekend and deepened the confrontation between the United States, Israel and...
Oil Prices Surge Globally: Brent Crude Jumps Over 3% Nearing 52-Week High Amid Escalating West Asia Tensions | 🌎 LatestLY
Global oil prices surged sharply on Monday amid escalating tensions in West Asia, following the entry of Yemen’s Iran-backed Houthi group into the conflict. International benchmark Brent crude futures rose as much as 3.66 per cent to an intra-day high of $116.70 per barrel, nearing a fresh 52-week high. 🌎 Oil Prices Surge Globally: Brent Crude Jumps Over 3% Nearing 52-Week High Amid Escalating West Asia Tensions.
Oil prices rise as Iran war escalates with Houthi attacks on Israel
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