CNBC·3 min read·medium
Oil prices move higher after Yemen's Iran-backed Houthis claim Saudi tanker strike
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Spencer Kimball, Hugh Leask
✦AI Summary
Oil prices remain volatile as the U.S., Iran, and Oman negotiate a deal to manage shipping in the Strait of Hormuz. Tensions persist following reports of a Houthi missile strike on a Saudi tanker near the Red Sea.
Crude prices were little changed Wednesday on reports that the U.S., Iran and Oman were working on an agreement to manage ship traffic in the Strait of Hormuz.
businesseconomyworld
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