
Oil prices traded higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until the Iran-aligned group ends its assaults on shipping.
Brent futures rose 56 cents, or 0.8 per cent, to $71.14 a barrel by 0800 GMT, while US West Texas Intermediate crude futures rose 56 cents, also 0.8 per cent, to $67.74 a barrel.
The US airstrikes, which the Houthi-run health ministry said killed at