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SignalCommodities

Oil prices rise as Houthi attacks on Saudi Arabian refinery raise supply worries

Houthi attacks on Saudi refinery threaten supply, driving oil prices higher.

Context
What happened: Oil prices climbed Wednesday as investors weighed the prospect of a prolonged conflict in the Middle East, following Houthi attacks on a Saudi Arabian refinery. Why it matters: The attacks raised supply worries, and the content ties the price move to investor concern that the Middle East conflict could be prolonged.
What changed
Oil prices climbed Wednesday as investors weighed the prospect of a prolonged conflict in the Middle East, following Houthi attacks on a Saudi Arabian refinery.
Why it matters
The attacks raised supply worries, and the content ties the price move to investor concern that the Middle East conflict could be prolonged.
Sources
cnbc
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