Oil Rebounds as US Attacks on Houthis Ratchet Tensions Higher

Bloomberg02-05

(Bloomberg) -- Oil rose, following its biggest weekly drop since October, as the US vowed more strikes against Iran’s forces and its proxies in the Middle East and Houthis in Yemen promised to ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2409191491?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/F5LNxV8yO5Ya1u5ENxMA2w--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/bloomberg_markets_842/37a84a3a7b3514392be41eb7d9933fed","is_english":true,"pubTime":"2024-02-05 08:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2409191491","market":"us","top_or_hot":-1,"title":"Oil Rebounds as US Attacks on Houthis Ratchet Tensions Higher","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Oil rose, following its biggest weekly drop since October, as the US vowed more strikes against Iran’s forces and its proxies in the Middle East and Houthis in Yemen promised to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-gains-weekly-drop-houthis-232646597.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_au","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Rebounds as US Attacks on Houthis Ratchet Tensions Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Rebounds as US Attacks on Houthis Ratchet Tensions Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-05 08:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-gains-weekly-drop-houthis-232646597.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil rose, following its biggest weekly drop since October, as the US vowed more strikes against Iran’s forces and its proxies in the Middle East and Houthis in Yemen promised to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-gains-weekly-drop-houthis-232646597.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBAPI.AU","symbol_name":"COMMONWEALTH BANK AUST","start_time":0,"source_url":"https://finance.yahoo.com/news/oil-gains-weekly-drop-houthis-232646597.html","article_id":"2409191491","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/F5LNxV8yO5Ya1u5ENxMA2w--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/bloomberg_markets_842/37a84a3a7b3514392be41eb7d9933fed"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2409191491","pubTimestamp":1707092816,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":" -- Oil rose, following its biggest weekly drop since October, as the US vowed more strikes against Iran’s forces and its proxies in the Middle East and Houthis in Yemen promised to retaliate against bombardments over the weekend.Stock Market’s ‘Rah-Rah Mob’ Confronts February’s Weak Record. Musk Took Drugs With Some Tesla Board Members, WSJ Says. World Cup 2026 Final Goes to NYC in Victory Over Dallas, LA. Biden Swipes at Trump’s Personality in ‘Weirdest Campaign’ Yet. Brent crude climbed to near $78 a barrel after declining by 7.4% last week, with US counterpart West Texas Intermediate under $73. American forces launched attacks against the Houthis over the weekend after earlier hitting Iranian troops and militias in Syria and Iraq.The weekend’s bombardments marked the biggest targeting of the Houthis since an initial operation on Jan. 11 as part of an effort to end attacks on commercial ships in the Red Sea. Despite the warning of further strikes, senior US officials said the countr","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CBAPI.AU":"COMMONWEALTH BANK AUST","CBAPM.AU":"Commonwealth Bank Of Australia.","CBAPJ.AU":"Commonwealth Bank of Australia","LUKOY":"PJSC Lukoil","CBAPG.AU":"Commonwealth Bank  Pref G","CBAPK.AU":"Commonwealth Bank of Australia","BK7135":"综合性银行","CBAPL.AU":"Commonwealth Bank Of Australia","CBAPH.AU":"COMMONWEALTH BANK AUST","CBA.AU":"COMMONWEALTH BANK OF AUSTRAL"},"translate_title":"美国袭击胡塞武装加剧紧张局势，油价反弹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CBA.AU":0.9,"CBAPG.AU":0.9,"CBAPH.AU":0.9,"CBAPI.AU":0.9,"CBAPJ.AU":0.9,"CBAPK.AU":0.9,"CBAPL.AU":0.9,"CBAPM.AU":0.9,"LUKOY":0.9},"content_text":"(Bloomberg) -- Oil rose, following its biggest weekly drop since October, as the US vowed more strikes against Iran’s forces and its proxies in the Middle East and Houthis in Yemen promised to retaliate against bombardments over the weekend. \nMost Read from Bloomberg\n\nStock Market’s ‘Rah-Rah Mob’ Confronts February’s Weak Record\nMusk Took Drugs With Some Tesla Board Members, WSJ Says\nWorld Cup 2026 Final Goes to NYC in Victory Over Dallas, LA\nBiden Swipes at Trump’s Personality in ‘Weirdest Campaign’ Yet\n\nBrent crude climbed to near $78 a barrel after declining by 7.4% last week, with US counterpart West Texas Intermediate under $73. American forces launched attacks against the Houthis over the weekend after earlier hitting Iranian troops and militias in Syria and Iraq. \nRead More: Red Sea Danger Is Spurring Global Oil Buyers to Go Local\nThe weekend’s bombardments marked the biggest targeting of the Houthis since an initial operation on Jan. 11 as part of an effort to end attacks on commercial ships in the Red Sea. Despite the warning of further strikes, senior US officials said the country wouldn’t be pulled into a prolonged regional conflict. A stronger dollar is also making oil more expensive for many investors.\nCrude slumped last week — erasing almost all of this year’s gains — amid talks to pause the four-month Israel-Hamas conflict, although US National Security Advisor Jake Sullivan said on Sunday that an agreement isn’t imminent. There are also signs of robust supply as OPEC output remains above the collective limit and the US produces record amounts.\n“Given the US military strikes avoid directly attacking Iran, we think the Israel‑Hamas cease-fire talks will have the more dominant effect,” said Vivek Dhar, an analyst at Commonwealth Bank of Australia. “This will keep Brent oil futures under $80 a barrel as markets pay more attention to oversupply risks in coming quarters.”\nTo get Bloomberg’s Energy Daily newsletter into your inbox, click here.\nMost Read from Bloomberg Businessweek\n\nA Brutal Crime Crackdown Is Emboldening Leaders Across Latin America\nElon Musk May Have Lost More Than a $55 Billion Payday\nMano dura de El Salvador contra el crimen seduce a América Latina\nChinese Students Abroad Struggle With Tuition as Economy Falters\nAI Is Helping Pick What You’ll Wear in Two Years\n\n©2024 Bloomberg L.P.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2409191491"}