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Brent Climbs to $94 as Houthis Target Israeli Vessels in Red Sea
The Middle East's largest remaining oil export corridor came under renewed pressure on Monday after Yemen's Houthis announced a complete…
AI Summary
The Middle East's largest remaining oil export corridor came under renewed pressure on Monday after Yemen's Houthis announced a complete ban on Israeli shipping in the Red Sea, risking a further widening of the shipping crisis beyond the Strait of Hormuz. The announcement comes as the Red Sea has assumed a far larger role in global oil trade following month…
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