Oil prices spike after Houthi attacks on Saudi airports

Up $1.20 on a $106 barrel is the market shrugging at airport attacks. The pump will not shrug.

Oil prices rose on Monday, after the Iran-backed Houthis launched attacks on two airports in Saudi Arabia over the weekend. Brent crude, the international benchmark, closed at nearly $106 per barrel as of late Monay afternoon, up roughly $1.20 from closing time on Friday. The price of Brent crude peaked at $107.33 earlier in the…

Read it at The Hill ↗

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