Politics

Oil rises above $83 per barrel on Red Sea escalation and demand recovery hopes

Houthis in control large swaths of Yemen have attacked nearly 60 vessels since November, as part of a policy to pressure Israel to stop the war in Gaza

A flight officer communicates with his team on the flight deck of the USS Dwight D. Eisenhower aircraft carrier in the Red Sea.
A flight officer communicates with his team on the flight deck of the USS Dwight D. Eisenhower aircraft carrier in the Red Sea.Photo: REUTERS/SCANPIX
Middle East and South Asia EditorNew Delhi
HouthiYemenOpecChinaUnited States
Published 20 February 2024, 08:08Updated 27 February 2024, 07:24