Oil surges 3% as Iran war escalates with Yemen’s Houthis entering the Mideast conflict
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Oil prices climbed Monday after Yemen's Houthis said they had fired missiles at Israel, opening a new front in the U.S.-Israeli war with Iran. May futures for international benchmark Brent crude rose 2.92% to $115.86 per barrel during early Asia hours, while U.S. West Texas Intermediate futures were 3.20% higher at $102.80 per barrel. Yemen's Houthis said Saturday they had launched missiles at Israel, marking their first direct involvement in the U.S.- Israel war against Iran. In a post on X,
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