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President Trump threatened attacks on Houthi militants after the Iranian ally said it had hit two Saudi Arabian-flagged vessels.
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The price of crude oil is rising again following Houthi claims of attacks on tankers in the Red Sea. What could it mean for gas prices, inflation and the global economy?
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The price of Brent crude, now up about 40 percent this month, surged Thursday after Iran's Houthi allies in Yemen claimed strikes on Saudi tankers.
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The recent rebound reflects traders' growing concern about the expanding war, which now extends from the Persian Gulf to the Red Sea.
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