Oil prices rise as Iran targets vessels in Strait of Hormuz; Houthis seize critical Yemeni port
Oil prices climbed Thursday after Iranian forces said they targeted two U.S. vessels near the Strait of Hormuz and Iran-backed Houthi rebels seized a key port city on Yemen's western coast.
Oil prices saw an increase on Thursday. This rise followed reports of Iranian forces targeting two U.S. vessels in the vicinity of the Strait of Hormuz. Concurrently, Iran-backed Houthi rebels successfully captured a significant port city located on Yemen’s western coast.
- Oil prices increased on Thursday.
- Iranian forces claimed to have targeted two U.S. vessels near the Strait of Hormuz.
- Iran-backed Houthi rebels seized a key port city on Yemen’s western coast.
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