Crude Oil Hits Six-Month High as Houthi Attacks Escalate
Crude oil prices have climbed to a six-month high amid escalating attacks and Middle East tensions, while Goldman Sachs says refiners see a high probability of a sharp oil supply drop.
Crude oil prices have climbed to a six-month high as escalating attacks and rising tensions in the Middle East add to concerns about energy supply disruptions.The latest escalation comes as fighting involving the Iran-aligned Houthis and a Saudi-led coalition has intensified, while shipping inciden…