00:00Oil prices settled up by more than $3 a barrel on Thursday on News and Iranian Parliament Committee is reviewing
00:06a bill that would ban U.S. and Israeli vessels from the Strait of Hormuz and fine violators up to
00:12a fifth of the value of their cargo.
00:14Brent crude futures settled up $3.04 or 3.83% to $82.49 a barrel. U.S.-West Texas intermediate
00:23futures settled up $2.07 or 2.75% to $77.29.
00:30An Iranian lawmaker said a Parliament Committee is reviewing a preliminary bill to ban U.S., Israeli and other vessels
00:38deemed hostile from the Strait of Hormuz and fine violators of the proposed restrictions up to 20% of cargo
00:44value, according to FAR's U.S. agency.
00:47Before the Iran conflict began in late February, about one-fifth of global daily oil and liquefied natural gas supplies
00:54flowed through the Strait of Hormuz.
00:56Meanwhile, Yemen's Houthis said they carried out missile and drone attacks on Saudi deployments in Marib and Hadramod in Yemen
01:03on Thursday and that they killed or wounded hundreds of Saudi-aligned fighters and destroyed military camps, weapons, depots and
01:11vehicles.
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