On March 17, 2025, it was reported that crude oil futures experienced a modest increase on Monday. This rise was attributed to U.S. airstrikes targeting Houthi positions in Yemen over the preceding weekend, which provided a boost to oil prices. Additionally, recent economic data from China contributed to optimism regarding increased demand. The Houthis have issued threats of retaliation in response to the strikes. These developments have had a noticeable impact on the trading of oil futures. The information was reported by Carl Surran, a news editor at Seeking Alpha.
Oil Prices Rise Amid U.S. Strike on Houthis, Positive Chinese Economic Data
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