Liberty Journal

Brent crude breaks $70 after Saudi Arabia’s oil facilities attacked by Yemen’s Houthis

International benchmark Brent crude futures jumped above $70 for the first time in more than a year on Monday, before giving back those gains to trade in the red.

The surge in prices came after Saudi Arabia said its oil facilities were targeted by missiles and drones on Sunday. A Houthi military spokesman claimed responsibility for the attacks.

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