Crude oil rises as Houthis intensify attacks on Saudi Arabia
FROM THE WIRE · THEHINDUBUSINESSLINE.COM
Crude oil price traded higher on Thursday morning after the Houthis intensified their attacks on Saudi Arabia.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishEscalation in the Middle East pushing crude higher can weigh on inflation and equity markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Crude oil traded higher on Thursday morning.
- 02The rise followed the Houthis intensifying attacks on Saudi Arabia.
- 03The move reflects concerns about disruption to oil supply.