Oil prices rise as Israeli strikes against Yemen’s Houthis triggers ‘fear bid’
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 27 2024
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Source: MarketWatch
Oil Price Increase: Oil prices rose slightly due to Israeli airstrikes on Yemen's Houthi rebels, causing market fears about regional instability.
Market Concerns: The attacks have heightened worries regarding potential disruptions in the oil-rich area, influencing trader sentiment.
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.
