U.S. crude oil tops $75 after strikes against Iran-backed Houthis

U.S. crude oil tops $75 after strikes against Iran-backed Houthis

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An oil tanker anchored in the Red Sea off the coast of Yemen's contested western province of Hodeida on July 15, 2023. Oil prices rose after Britain and the United States carried out military strikes against targets in Houthi-controlled areas of Yemen, as tensions in the Red Sea mount further.…

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