Oil rises amid growing Mideast tensions between Iran-backed Houthis and Saudi Arabia
Worries over supply disruptions due to escalating tensions in the Middle East helped to push oil prices higher.
CNBC reports: Worries over supply disruptions due to escalating tensions in the Middle East helped to push oil prices higher.
This business story centres on Saudi Arabia. Names and organisations mentioned in the coverage include Mideast, Iran-backed Houthis and Middle East.
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Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- Saudi Arabia · Middle East
- Reported by
- CNBC
- First reported
- Key names
- Mideast, Iran-backed Houthis, Middle East
- Section
- Business
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