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Oil stabilises as investors watch for Red Sea developments
Credit: IndiaTimes- Published on December 27, 2023
Oil prices stabilised as major shippers resumed passage through the Red Sea despite attacks and Middle East tensions. Brent crude futures down at $80.90 a barrel while US West Texas Intermediate crude eased to $75.23 a barrel. Attacks by Yemen's Houthi militia prompted fears of shipping disruption. Interest rate cuts may boost...
Video credit: Oneindia
Published on December 24, 2023 - 02:01
Oil Tanker Bound for India Targeted by Drone in the Red Sea, Houthi Rebels Blamed| Oneindia News
In the Red Sea, a Gabon-flagged tanker carrying an Indian crew was struck by a Houthi attack drone aimed at India. The US responded to the distress call, revealing this incident followed an earlier attack near India, initially attributed to Iran. The Pentagon blames Iran for attacks linked to Houthi rebels targeting commercial shipping since October 17.
#Iran #US #Irandrones #Indianocean #Iraniandrones #Tehran #Pentagon #Gazaairstrikes #worldnews #Oneindia #Oneindianews
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