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Energy-Gold Prices Increased After USA-Led Attacks on Yemen

SHAFAQNA- Today (Friday 12 Jan. 2024), after the announcement of the attacks on Ansar-Allah in Yemen by the United States-United Kingdom, energy and gold prices have increased.

According to Shafaqna, Arabi 21 wrote: “The future price of Brent crude oil globally increased by 2.4% to reach $79.8 per barrel.”

Also, among concerns about the impact of energy supply through the Bab Al Mandab strait, natural gas contracts recorded a 2.1% increase.

In this regard, recent developments in Yemen brought the price of gold up by 0.45% to $1237 per ounce. It is worth mentioning that more than 10% of global trade and crude oil pass through the Red Sea.

Source: Shafaqna

http://www.shafaqna.com

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