Oil prices rise as Iran sends warship to Red Sea after U.S. destroys Houthi vessels

Oil prices rise as Iran sends warship to Red Sea after U.S. destroys Houthi vessels

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Oil futures rose Tuesday to kick off the new year after an Iranian warship entered the Red Sea, heightening tensions and fears of crude supply disruptions sparked by attacks on shipping by Iran-backed Houthi rebels in Yemen. • West Texas Intermediate crude for February delivery CL00, CL.1, CLG24,…

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