Commodities
Risks Are Ramping Higher on Middle East Crude Flows, Rapidan Says
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There’s increasing concern that fresh tensions in the Middle East threaten to curtail vital energy resources, said Bob McNally, president of Rapidan Energy Group.
Israel’s recent moves against Houthis in Yemen are risking the possible rollback of a fragile détente between Yemen and Saudi Arabia, the world’s biggest oil producer, McNally said in a Bloomberg Television interview.