Oil prices rose after U.S. and its allies carried out military strikes against targets in Houthi-controlled areas of Yemen, U.S. officials said.
Oil prices rose after Britain and the United States carried out military strikes against targets in Houthi-controlled areas of Yemen, as tensions in the Red Sea mount further.
Global benchmark Brent jumped 2.25% higher to $79.15 a barrel Friday Asia trading hours, while the U.S. West Texas Intermediate futures climbed 2.4% to $73.75 per barrel.
„These targeted strikes are a clear message that the United States and our partners will not tolerate attacks on our personnel or allow hostile actors to imperil freedom of navigation in one of the world’s most critical commercial routes,“ U.
