Oil prices rise after the Saudi air strikes in Yemen
2015-03-26T10:08:05+00:00
Asian importers said that they are not worried about the occurrence of supply disruption.
The attack on Houthis backed by Iran in Yemen raises concerns about the security of oil shipments from the Middle East.
Oil prices jumped as traders believe that the attacks are the latest development in the conflict get out of control in the oil-richest region in the world.
Brent has raised to $ 59.71 a barrel, an increase of about six percent from the last settlement before retreating again to $ 58.84 a barrel at 03:10 GMT. US crude as US $ 2.19 rose to $ 51.40 a barrel.
