Crude surges, stocks dive as Houthi attacks escalate Iran war

HONG KONG, China — Oil prices rallied and stocks tumbled again Monday as the Middle East crisis escalated with the entry of Houthi rebels into the Iran war and investors grew increasingly concerned the United States would send in ground troops. As the conflict moved into its fifth week, the specter of a widening conflict grew as Yemen’s Houthi rebels on Saturday said they had fired “a barrage of cruise missiles and drones” at strategic sites in Israel. READ: Iran-backed Houthis enter Middle East conflict The strikes raised concern about the war spreading to the Red Sea, with Saudi Arabia […]... Keep on reading: Crude surges, stocks dive as Houthi attacks escalate Iran war

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