Why the oil market isn't freaking out over the Houthi attacks in the Red Sea – Middle East Eye
The oil market remains relatively cool as Houthi ballistic missiles and drones fly over the Red Sea, confusing some experts who had expected a larger rise in energy prices. According to the US, Yemen’s Houthis have launched more than 100 drone and missile attacks on 10 merchant ships in the Red Sea. Attacks have intensified … [Read more…]