The Traderszone Network

Published in TZ Latest News 26 March, 2015 by The TZ Newswire Staff

Oil & Water: Why Violence In Yemen Boosted Oil Prices

Oil prices and energy stocks soared Thursday after Saudi Arabia launched an air war against rebel-held Yemen. The country, a bit larger than California, shares its northern border with Saudi Arabia. The remainder of Yemen is coastal. Much of the southern portion has been described as lush and green, the “breadbasket of Arabia,” according to the Lonely Planet travel guide.

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