Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz
· economictimes.indiatimes.com
Oil prices jumped over two percent on Monday, driven by fresh attacks from Houthi militants and Iranian forces. This escalation has heightened fears of supply disruptions after a crucial Saudi oil pipeline was compromised. A vessel in the Strait of Hormuz was hit, resulting in a fire and the evacuation of its crew.
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