Oil prices rise as ships are hit near Hormuz and Houthis, Saudi Arabia trade attacks
Oil prices rose as more vessels were struck in the Strait of Hormuz and fighting between the Houthis and Saudi Arabia intensified, according to The New York Times and Al Jazeera.
Oil prices rose as more vessels were hit while passing through the Strait of Hormuz, The New York Times reported. The paper says Iran has stepped up its attacks and fighting has intensified.
The Times also reports that the Houthis and Saudi Arabia have traded attacks. Al Jazeera separately reports that fighting in Yemen is intensifying.
Al Jazeera says the Houthis are trying to raise the cost of the Yemen war for Saudi Arabia.
The reports give no figures for the price increase, the number of ships hit, or casualties.
Reported by
- The New York TimesOil Prices Rise as Iran Steps Up Attacks and Fighting IntensifiesWed, Oct 14, 8:08 AM EDT
- Al JazeeraFighting in Yemen intensifies: What’s the latest on the battlefield?Thu, Oct 15, 6:52 AM EDT
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.