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Oil hits seven-year high as Houthi attack on UAE rattles regional tensions

 
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01/18/2022 01:57 PM

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Oil hits seven-year high as Houthi attack on UAE rattles regional tensions
DUBAI, United Arab Emirates — The United Arab Emirates has vowed to retaliate against Houthi militants for a deadly attack on its capital Abu Dhabi on Monday that killed three people, as fresh tensions in the region helped push oil prices to their highest level in seven years.

Things are about to get worse.

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