Oil prices boosted by rising Middle East tensions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 18 2025
0mins
Source: MarketWatch
Oil Market Reaction: Oil futures increased for the third consecutive day as tensions in the Middle East escalated following U.S. strikes on Iran-backed Houthi rebels in Yemen, raising concerns about potential disruptions to oil supply.
U.S. Stance: President Trump stated that the U.S. would hold Iran accountable for any future attacks by the Houthis, who have been targeting shipping routes in the Red Sea.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
