Sam Price Discusses the Impact of Saudi Aramco Attack on Oil Prices
According to Twitter user Sam Price, the Houthi forces attacked the administrative headquarters of Saudi Aramco in Dhahran, causing a fire that damaged multiple floors, and claimed they would continue to target airports and oil fields. Brent crude oil prices have risen above $106 per barrel, while West Texas Intermediate crude is nearing $95 per barrel due to increased supply risk premiums. High oil prices are driving inflation up and leading to a decline in market risk appetite, which negatively impacts Bitcoin.
-- Price
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