💨 Abstract

Oil prices fell on Thursday as Yemen's Houthi militia is expected to halt attacks on ships in the Red Sea and strong U.S. retail sales data was reported. retail sales increased in December as households bought more motor vehicles and other goods, indicating strong demand in the economy. However, investors remained cautious as the Houthi leader warned of continuing attacks if the ceasefire deal is breached.

Courtesy: theprint.in

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