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Oil Surges Toward $100 as Houthi Strikes Cripple Saudi Aramco Facilities

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Houthi strikes targeted Saudi Aramco facilities, forcing operation suspensions amid intensifying US-Iran military confrontations.
  • Oil prices surged, with Brent nearing $99 and WTI climbing 2.6% as supply and shipping risks compound across key Middle Eastern chokepoints, lifting energy stocks including ExxonMobil.
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