Oil prices rise as US vows to keep attacking Houthis

SINGAPORE: Oil prices traded higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its assaults on shipping.

Brent futures rose 48 cents, or 0.7%, to $71.06 a barrel by 0654 GMT, while U.S. West Texas Intermediate crude futures rose 47 cents, also 0.7%, to $67.65 a barrel.