Yemen's Houthi Military Spokesman Says We Targeted MSC United Commercial Ship In The Red Sea With Missiles After It Rejected Three Warning Calls
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Yemen's Houthi military spokesman announced that they targeted the MSC United commercial ship in the Red Sea with missiles after it ignored three warning calls. The incident was reported by Reuters with a corrected headline.
December 26, 2023 | 6:46 pm
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The United States Oil Fund (USO) may be impacted by the reported missile attack on the MSC United commercial ship in the Red Sea, as geopolitical tensions can affect oil prices and therefore USO's performance.
The United States Oil Fund (USO) tracks the price of oil, and any geopolitical event that threatens oil supply routes, such as the Red Sea, can lead to an increase in oil prices due to potential supply disruptions. The missile attack by Yemen's Houthi forces is such an event that could heighten tensions in the region and impact oil prices in the short term.
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RELEVANCE 70