Oil price rises above $80 on concerns over fresh US-UK airstrikes on Houthi rebels

Middle East crisis has disrupted the crucial global shipping route in the Red Sea and stoked fears of inflation

Fresh attacks: Houthi supporters attend a rally in support of the Palestinians in the Gaza Strip and against the US government.
Fresh attacks: Houthi supporters attend a rally in support of the Palestinians in the Gaza Strip and against the US government.Photo: AP/SCANPIX
Published 23 January 2024, 04:18Updated 23 January 2024, 10:43