Oil Rises as US Orders Diplomats Out
Oil prices rose on Thursday after Houthi attacks in Saudi Arabia prompted the United States to order diplomats to leave its missions in the Kingdom. Brent crude futures gained 1.2 percent to 110.11 dollars a barrel amid growing concerns over regional supplies.
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Brent Crude Oil rose $1.29 to $110.11 a barrel during Thursday morning trade after the United States ordered diplomats to leave Saudi Arabia following Houthi attacks. The geopolitical escalation threatens crude loadings across the Middle East. Investors are rushing to reprice supply disruption risks as regional shipping comes under fire.










