💨 Abstract

Oil prices rose on Monday due to U.S. military action against Yemen's Houthis and positive Chinese economic data indicating higher demand. The U.S. President Donald Trump launched strikes against the Houthis over their attacks on shipping, with a U.S. official suggesting the campaign could last weeks. Brent and WTI crude futures increased by 1% and 0.9%, respectively.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖