WTI Oil Prices Rise Over 1% as US Navy Sinks Houthi Rebel Ship in Red Sea
WTI oil prices rose more than 1% this morning. After reports that the US Navy had sunk a Houthi rebel ship in the Red Sea In response to the Houthi rebels using missiles to attack Maersk shipping vessels, the tension has caused markets to speculate that it will affect oil supply in the Middle East. … Read more