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The Houthis may have hit Saudi Arabia’s East-West oil pipeline, but the alleged attack has not been independently confirmed. Satellite data showed thermal anomalies in the area, while the data did not establish what caused them or whether the pipeline was hit.
United States Oil Fund (NYSE: USO ) shares are climbing Thursday after Yemen’s Houthi rebels ignited a new flashpoint in the Middle East conflict, striking two Saudi tankers in the Red Sea. United States Oil Fund stock is showing exceptional strength. Why is USO stock surging? Houthi Tanker Strikes Push Oil Higher as T