Oil Surges To $45 After Saudi Troops Invade Yemen
by Tyler Durden
ZeroHedge.com
08/28/2015
For the 3rd day in a row, crude oil prices are spiking as the short squeeze morphs into a war premium. Heberler reports that Saudi ground troops have entered Northern Yemen and seized control of two areas in the Saada province. WTI is now above $45…
As we noted previously, boots have been on the ground there (and tank tracks) since early July..
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