Tag: conflict escalates
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Saudi Arabia, Houthis exchange blows as conflict escalates
Five people were reportedly killed as the escalation between the two sides continues to spiral. The Houthis denied attacking Mecca, with Saudi Arabia saying one person was killed by drone shrapnel.
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Oil prices rise as Middle East conflict escalates
The price of oil returned to triple digits in US dollars, as conflict in the Middle East threatens supply chains and puts a strain on global reserves.
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Oil hits four-week high as US-Iran conflict escalates
July 14 : Oil prices rose on Tuesday to their highest in four weeks, after the U.S. reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows through the Strait of Hormuz.Brent crude rose to its highest since June 12 and WTI to its highest since
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