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Crude oil futures climb 3% after Houthi attacks target Saudi facilities

  • Houthi militants launched missile and drone attacks against Saudi oil facilities and the capital.
  • Crude oil futures climbed about 3% in U.S. trading on March 24.
  • Prices reached their highest level in a week after the attacks.

Crude oil futures rose about 3% in U.S. trading on March 24, reaching their highest level in a week after Yemen's Iran-aligned Houthi militant group launched missile and drone attacks targeting Saudi Arabia's oil-related facilities and the capital. The attacks rekindled heightened concerns over Middle East oil supply.

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Crude oil futures climb 3% after Houthi attacks target Saudi facilities - CoinPost Terminal