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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAt the end of this week, rough diamond prices rose sharply. The market fears an escalation of tensions in the Middle East after US and UK airstrikes against Houthi rebels in Yemen,
which could lead to shortages in black gold supplies. TheL price of a barrel of Brent from the North Sea, for delivery in March, rose 2.57%, to 79.40 dollars, approaching the threshold of 80 dollars, around 10:00 GMT (11:00 CET). Its American equivalent, a barrel of West Texas Intermediate (WTI), for delivery in February, rose by 2.83% to 74.06 dollars. According to Bjarne Schieldrop, an analyst at Seb, oil prices are rising “following the attack by the United States and the United Kingdom against more than 60 Houthi rebel targets in
Yemen”.
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