Oil prices up after U.S., Britain strike Houthi targets Oil prices rose more than 2.5% this morning after the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea. The attack added to market concerns about the potential impact a broader conflict in the Middle East would have on oil supplies from the region, especially those moving through the critical Strait of Hormuz. 'Tragic' civilian deaths do not equal genocide — Israel lawyer The hearing has now resumed with Galit...