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Oil Prices Skyrocket As Houthi Rebels Cause Chaos

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Oil Prices Skyrocket As Houthi Rebels Cause Chaos

On October 22, the oil market decided to have a wild day! Houthi rebels were up to their antics with Saudi Arabia, sending Brent crude prices soaring to $110.11 a barrel. The US was in a tizzy, packing up diplomats as energy reserves dwindled. With Iran making a ruckus and Ukraine talks still on the table, it’s a chaotic scene in the oil world!