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Oil prices rise after U.S. vows ‘unrelenting’ attacks on Houthis - MarketWatch

1. U.S. airstrikes on Houthi rebels raise concerns over oil supply disruption. 2. Optimism over Chinese stimulus supports ongoing oil price increases. 3. Russia-Ukraine negotiations are expected but limit further price gains. 4. Houthi leader vows escalation if attacks on ships continue. 5. Possible return of Russian supplies could impact future oil prices.

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FAQ

Why Bullish?

Ongoing U.S. military action raises concerns for supply, traditionally supporting prices; historical tensions indicate spikes in oil prices during conflicts.

How important is it?

Military actions and geopolitical tensions frequently impact oil prices, and public sentiment appears positive for immediate price growth.

Why Short Term?

Immediate reactions expected to last until clarity on Houthi activity and Russia-Ukraine talks emerges; historical volatility often corrects quickly post-event.

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