Brent crude fell 4.00% intraday to $101.92 per barrel on Sept. 11, according to Bitget market data. On the news front, two Yemeni government sources said government forces had withdrawn from Perim Island in the Bab el-Mandeb Strait, and that Houthi forces had completed a full takeover of the strait. A spokesperson for the Houthis also said the group would announce a major military operation. The move in oil came alongside those developments, as cited in the original report from BlockBeats.
Brent crude fell 4.00% intraday to $101.92 a barrel on Sept. 11, according to Bitget market data.
On the news side, two Yemeni government sources said government forces had withdrawn from Perim Island in the Bab el-Mandeb Strait, and that Houthi forces had completed full control of the strait. A Houthi spokesperson said the group would announce a major military operation.
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