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Oil prices move higher after Yemen's Iran-backed Houthis claim Saudi tanker strike

Oil prices move higher after Yemen's Iran-backed Houthis claim Saudi tanker strike

Oil prices rebounded Wednesday after Yemen's Iran-backed Houthis reportedly hit a Saudi Arabian tanker in the Red Sea. The reported strike dented hopes of a potential ceasefire agreement, which rose this week following comments by Treasury Secretary Scott Bessent.

Source: CNBC
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