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WTI crude oil rose above $81 per barrel, up 0.70% on the day.

2026-08-14

WTI crude oil rose above $81 per barrel, up 0.70% on the day.

Other News
2026-08-14

N. Korea’s foreign ministry said the U.S. and South Korea will start the large-scale 2026 Ulchi Freedom Shield joint exercise on Aug. 17 and called the drills an invasion-war rehearsal. The ministry cited U.S. comments that the exercise differs from

N. Korea’s foreign ministry said the U.S. and South Korea will start the large-scale 2026 Ulchi Freedom Shield joint exercise on Aug. 17 and called the drills an invasion-war rehearsal. The ministry cited U.S. comments that the exercise differs from the past five years and will emphasize adapting war-execution capabilities to modern warfare, saying this signals preparation for actual military confrontation with N. Korea. Pyongyang warned the drills are more provocative and dangerous than last year and pose a serious threat to its national and regional security environment.
2026-08-14

Houthi forces have mounted some of their deadliest strikes in weeks, raising concern Yemen may slide into full-scale war as the conflict spreads across the Middle East. The Houthis accuse Saudi Arabia of resupplying Yemeni government forces via Mocha

Houthi forces have mounted some of their deadliest strikes in weeks, raising concern Yemen may slide into full-scale war as the conflict spreads across the Middle East. The Houthis accuse Saudi Arabia of resupplying Yemeni government forces via Mocha port and say Riyadh and Yemeni allies are planning operations against Houthi-held areas. Since January, Yemeni government forces have moved toward unified command and stronger demonstrated air-strike capability. The Houthis’ recent escalation appears aimed at disrupting government preparations, degrading capabilities and forcing a defensive posture, while shaping the rules of any future confrontation. Analysts note a Saudi-led large-scale ground invasion is not inevitable: air campaigns alone have failed to defeat the Houthis over the past decade, Yemen’s mountainous terrain makes ground operations are costly, and Saudi Arabia lacks appetite for a protracted war. Consequently, a Saudi-backed offensive by Yemeni government forces is judged more likely than direct large-scale Saudi ground involvement.
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