Tier 1 newswirereuters.com
Oil little changed as supply concern lingers amid Houthi attacks on Saudi Arabia
Oil prices remain stable despite ongoing concerns about supply disruptions due to Houthi attacks on Saudi Arabia. This geopolitical tension has the potential to influence market sentiment, particularly within the currency space, as inflation pressures may resurface if oil supply becomes strained. For the FX market, especially in pairs like USD/CAD or GBP/USD, sustained oil price fluctuations could affect currencies reliant on commodity exports, while also shaping broader dollar dynamics amid inflation concerns.