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via economictimes.indiatimes.comMarkets

Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Oil prices rose as Houthi attacks in Saudi Arabia increased tensions and led to US diplomatic withdrawals. Brent crude futures gained $1.29, while US West Texas Intermediate crude rose by 97 cents after the attacks. The US State Department has ordered the withdrawal of some…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishMiddle East tensions and a drop in US crude stocks support oil prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brent crude gained $1.29.
  2. 02WTI rose 97 cents after the Houthi attacks.
  3. 03The US State Department ordered some family members to withdraw from missions in the region.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity110.55 USD+0.30%today +1.59%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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