Oil prices spike after Houthi attacks on Saudi airports

Oil prices rose Monday, after the Iranian-backed Houthis launched attacks on two airports in Saudi Arabia over the weekend. Brent Crude, the international benchmark, closed at nearly $106 per barrel as of late Monday afternoon, up roughly $1.20 from closing time Friday. The price of Brent Crude peaked at $107.33 earlier in the day. West...

Oil prices rose Monday, after the Iranian-backed Houthis launched attacks on two airports in Saudi Arabia over the weekend. Brent Crude, the international benchmark, closed at nearly $106 per barrel as of late Monday afternoon, up roughly $1.20 from closing time Friday. The price of Brent Crude peaked at $107.33 earlier in the day. West...