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U.S. crude falls over 2% as Houthi attacks on Saudi Arabia rattle traders

WTI fell 2.19% to $101 and Brent fell 1.89% to $114.51 as traders weighed supply risks against demand worries

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U.S. crude oil futures dropped by more than 2% on Monday, with traders balancing the possibility of additional Houthi attacks on Saudi Arabia against worries that steep prices could dent demand.

West Texas Intermediate futures lost 2.19% and changed hands at $101 per barrel. Brent crude futures gave up 1.89%, leaving them at $114.51. The pullback followed a rally on Friday, when prices settled close to $3 higher after Houthi attacks on Saudi Arabia. Over the course of last week, Brent gained 6% while WTI rose........

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