Oil prices up after US strikes back at Houthis in Red Sea

Oil prices up after US strikes back at Houthis in Red Sea

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Oil prices rose nearly 2% at the start of the new year amid fears of supply disruptions with the ongoing conflict in the Middle East, as well as expectations for strong holiday demand and an economic stimulus in China, a top importer of crude. Brent Crude rose $1.28, or 1.7%, to $78.32 a barrel by…

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