Oil prices jump 4% as Houthis fire missiles at Saudi Arabia
Brent and WTI climbed after Saudi Arabia intercepted six Houthi missiles and US-Iran talks stalled, raising supply concerns.
7 Articles
7 Articles
Donald Trump didn't come to Saudi Arabia's aid over the weekend. Now the country's leaders have to figure out how to get their oil out to the world.
The Globe & Mail
Oil prices jump 4% as Houthis fire missiles at Saudi Arabia
Diplomatic talks between the U.S. and Iran show little sign of progress
The pro-Iranian Houthi militia in Yemen reportedly fired dozens of ballistic missiles and drones at targets in Saudi Arabia. The objective of the "preventive operation" was, among other things, operation centers, command and control centers and weapons camps in the Saudi Jizan region in the south-west of the country near the Yemeni border, said the military spokesman of Houthi, Yahya Saree.
Climbing in Yemen puts alternative oil export routes at risk while Trump avoids military intervention against the rebels
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