Oil prices surge due to strikes on Houthis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
As the United States and the United Kingdom have announced airstrikes on Houthis in Yemen, crude oil prices have surged. The surge is attributed to the potential escalation that would lead to another war in the Middle East.

By 11:00 GMT on Friday, Brent Crude oil was up 4.43% and US Light Crude was up 4.68%



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