Oil prices rise as Iran war escalates with Houthi attacks

(Chuck McCutcheon – Axios) Oil prices climbed above $116 per barrel after markets opened Sunday, as Iran-backed Houthi militants fired missiles and drones at Israel over the weekend and promised to continue attacks. The high price that remained around the $116 a barrel mark late Sunday came as the war moved into its fifth week, showing little sign of abating despite President Trump’s talk of diplomacy. – Oil prices rise as Iran war escalates with Houthi attacks on Israel

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