14-01-2024, 09:46 AM
Oil jumped as the US and its allies launched airstrikes against Houthi rebels in Yemen, retaliating for attacks on ships in the Red Sea that have imperiled flows of fuel and goods through the vital waterway.
President Joe Biden said strikes had been conducted against a number of targets used by the Iran-backed group. There were signs of an immediate impact on shipping, as at least one major tanker owner said it has paused voyages.
The Houthis said all US and UK interests are now legitimate targets.
https://www.afr.com/markets/commodities/...113-p5ewy8
President Joe Biden said strikes had been conducted against a number of targets used by the Iran-backed group. There were signs of an immediate impact on shipping, as at least one major tanker owner said it has paused voyages.
The Houthis said all US and UK interests are now legitimate targets.
https://www.afr.com/markets/commodities/...113-p5ewy8