Oil hits $111 as Houthi strikes on Saudi Arabia reignite inflation fears
Brent's five-month high tightens supply, lifts diesel costs, and puts a second straight Fed rate hike back on the table for next week.
By Turki Al-Mutairi·· 3 min

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Brent's five-month high tightens supply, lifts diesel costs, and puts a second straight Fed rate hike back on the table for next week.
The all-cash deal adds divesiran, a late-stage-ready rare-disease therapy, to Merck KGaA's pipeline and signals a new wave of RNA therapeutics M&A.
The 2015 arms embargo hasn't stopped Iran-backed Houthi attacks on Saudi Arabia. Here's why the threat keeps growing.
The strait of Hormuz is back at the center of a live conflict, with tanker fires and reprisal attacks threatening the world's key oil chokepoint.