Oil surges 3% as Iran war escalates with Yemen’s Houthis entering the Mideast conflict

Oil prices climbed Monday after Yemen’s Houthis said they had fired missiles at Israel, opening a new front in the U.S.-Israeli war with Iran. May futures for international benchmark Brent crude rose 2.92% to $115.86 per barrel during early Asia hours, while U.S. West Texas Intermediate futures were 3.20%...