Red Sea Houthi Threat: Crisis likely lead to oil price hike in India: WEF chief | Oneindia News

Oneindia 2024-01-15

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World Economic Forum (WEF) President Borge Brende expressed concern over the recurrent attacks on merchant ships by Yemen's Houthi rebels in the Red Sea. These attacks, he warns, could lead to a significant increase in oil prices, affecting major oil-importing countries such as India.

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