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That would imply about a 20% drop in oil prices from current levels, as West Texas Intermediate (WTI) crude oil prices, the US benchmark, hovered near $61 per barrel on Monday. Brent (BZ=F ...

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DUBAI, United Arab Emirates (AP) — U.S. airstrikes targeting the Ras Isa oil port held by Yemen’s Houthi rebels killed 20 people and wounded 50 others, the group said early Friday. The strikes ...

DUBAI, United Arab Emirates (AP) — U.S. airstrikes targeting the Ras Isa oil port held by Yemen’s Houthi rebels killed 20 people and wounded 50 others, the group said early Friday. The strikes, ...

"Unlike the Biden administration, which limited downside risk by guiding the refill of the US SPR [Strategic Petroleum Reserve] when WTI prices fell below $70, the Trump administration is actively ...

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels say US airstrikes targeting Ras Isa oil port have killed 20 people and wounded 50 others. Copyright 2025 ...

DUBAI, United Arab Emirates (AP) — A U.S. airstrike on an important oil port held by Yemen’s Houthi rebels killed more than 70 people and wounded many others, the Iranian-backed rebel group ...