Middle East tensions sees oil touch 13-month highs

Hopes demand will be buoyed by US stimulus measures and easing of lockdowns also provides support for prices

Rising tensions: forces loyal to Yemen's Saudi-backed government get into position during clashes with Huthi rebel fighters in al-Jadaan on 11 February
Rising tensions: forces loyal to Yemen's Saudi-backed government get into position during clashes with Huthi rebel fighters in al-Jadaan on 11 FebruaryPhoto: AFP/SCANPIX
Published 15 February 2021, 06:35Updated 15 February 2021, 06:35