Oil prices up as Houthis tighten grip on Bab el-Mandeb Strait | Finance Report | ABC NEWS
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The price of crude oil is well above USD$100 a barrel on the news that Yemen's Houthis have tightened their grip on the Bab el-Mandeb Strait — a key waterway towards the Suez Canal. Subscribe: http://ab.co/1svxLVE Read more here: www.abc.net.au/news Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, oil price, oil, crude oil, oil price news, alan kohler, bab el-mandeb, strait, hormuz, houthis, suez canal, container ship cost, red sea, yemen, oil price yemen, oil price houthis, oil houthis
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