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Missiles Strike Saudi Oil Hub Amid Yemen Tensions | Markets & Money News
Tensions are escalating in the Middle East as Saudi-led forces intercepted a ballistic missile targeting Yanbu, a crucial oil export hub. Amidst the conflict in Yemen, missile strikes have hit Aden airport, attributed to the Iran-aligned Houthis, though they have not claimed responsibility. U.S. forces have assisted in transporting significant oil through the Strait of Hormuz, while Iran denies involvement in the Houthi attacks and offers to mediate the Yemen conflict. Energy prices are rising,
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