Oil Prices Rise as Iran Steps Up Attacks and Houthi-Saudi Fighting Intensifies

What happened: Oil prices rose as attacks on vessels transiting the Strait of Hormuz increased and fighting intensified between the Houthis and Saudi Arabia. Why it matters: The attacks and fighting add volatility to energy markets, with more vessels being hit in the Strait of Hormuz. Coverage: 6 outlets in 24h

Oil prices rose as attacks on vessels transiting the Strait of Hormuz increased and fighting intensified between the Houthis and Saudi Arabia.

The attacks and fighting add volatility to energy markets, with more vessels being hit in the Strait of Hormuz.