Oil Jumps As Houthis Enter El-Mandeb Strait Military Base
by Tyler Durden
ZeroHedge.com
03/31/2015
Houthi rebels have reportedly entered the military base at the stratgeic Bab el-Mandeb Strait, according to Reuters. This is the 4th largest oil-shipping chokepoint in the world… Oil has pushed modestly higher on the news but remains driven more by the headlines from Switzerland…
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