LONDON : Oil prices rose more than 2.5 per cent on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market concerns about the potential impact a broader
U.S. and UK strikes add to market concerns about the Israeli aggression in Gaza widening into a broader conflict in the Middle East affecting oil supplies from the region
The attack added to market concerns about the potential impact a broader conflict in the Middle East would have on oil supplies from the region, especially those moving through the critical Straits of Hormuz, , oil, Houthis