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Oil prices rise on fears of wider regional conflict after strikes on Houthi targets

By France24
13 January 2024   |   8:13 am
US crude climbed 4.2% to $75 a barrel in recent trading. Brent crude, the world benchmark, jumped 4% and crossed over the $80-a-barrel level. This comes after US-led strikes on multiple Houthi targets in Yemen in response to repeated attacks on commercial shipping in the Red Sea.

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