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U.S. Airstrikes on Houthis Ignite Tensions, Oil Prices Surge

3/18/2025

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Story summary
  • In a dramatic escalation, U.S. airstrikes targeted Yemen's Iran-aligned Houthis, resulting in the deaths of at least 53 individuals. President Trump issued a stern warning to Iran, holding them accountable for Houthi assaults on Red Sea shipping. As tensions soared, oil prices surged, with Brent crude hitting $71.07 per barrel, reflecting the growing unrest.
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