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CommodityOilPrice.com

Oil Prices Climb as Houthi Attacks Reignite Saudi Supply Fears

Oil prices climbed in early Asian trade on Wednesday as renewed Houthi attacks on Saudi Arabia reignited supply fears in the region. Falling inventories and reports that the U.S. is preparing for a new military campaign against Iran after the midterm elections added to the upward momentum. At the time of writing, Brent oil futures were trading at $115.70 per barrel, up1.62% on the session, while…

ForexForexLive

investingLive Asia-Pacific market news: Hawkish RBA, surprise RBNZ hold lift AUD/NZD

RBNZ’s Breman: more hikes likely at coming meetings, possibly into restrictive territory US warns Gulf allies of possible short, intense Iran campaign after midterms: WSJ Oil edges higher after Houthis claim missile strike on Saudi Arabia’s biggest refinery RBA’s Bullock: Inflation is far too high PBOC sets USD/ CNY mid-point today at 6.7165 (vs. estimate at 6.6734) AUD/NZD in focus as hawkish…

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