Oil prices end at a 1-week high after U.S. leads strikes against Yemen over Red Sea attacks

Oil prices settled Friday at their highest in a week after the U.S. and U.K. carried out airstrikes against Houthi rebel targets in Yemen in retaliation for persistent attacks on ships in the Red Sea drove fresh jitters over potential supply disruption.

Strength in oil Friday, however, wasn’t enough to erase a loss in prices for the week.

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