Business3d ago
Oil Flirts With $100 as Houthi Strikes Hit Saudi Arabia, and Stocks Slip Under Rising Yields
Hundred-dollar oil is back within reach. Brent crude jumped above $99 a barrel on Tuesday morning, its highest since July, after Iran-backed Houthi militants in Yemen struck energy infrastructure in Saudi Arabia, before the international benchmark gave back part of the gain. US stock indexes opened lower, with the Dow slipping as the energy scare rippled through bonds.