Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iran-linked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.
By Francisco Rodrigues, Omkar Godbole, Shaurya Malwa|Edited by Jamie Crawley
Updated Aug 7, 2026, 10:42 a.m. Published Aug 7, 2026, 10:36 a.m.
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