Tensions in the Middle East ratcheted up again this weekend with Israel and the Iran-aligned Houthi movement in Yemen trading strikes and attempts at strikes. In the early morning trade in Europe, both major oil benchmarks, WTI Crude and Brent Crude, were trading slightly higher. Over the weekend, the crisis in the Middle East escalated once more after the Israeli military deployed fighter jets to strike Iran-backed Houthi rebels in Yemen, for the first time since the Israel–Hamas war erupted last October. Houthi official…
