Oil prices jump after Yemeni Houthis attack Israel, widening Iran conflict

March 30 ------ Oil prices extended gains on Monday after Yemen's Iran-aligned Houthis launched over the weekend their first attacks on Israel since the start of the U.S.-Israel war with Iran, widening the conflict in the Middle East.

Brent crude futures jumped $3.16, or 2.81 per cent, to $115.73 a barrel by 2205 GMT after settling 4.2 per cent higher on Friday.

U.S. West Texas Intermediate was at $102.77 a barrel, up $3.13, or 3.14 per cent, following a 5.5 per cent gain in the previous session.

Source: channelnewsasia.com