Red Sea Energy Transfer Issues Cause Oil Prices to Soar, Ending the Week on a High Note

Oil prices rise on Friday, ending the week with strong gains due to Red Sea energy transfer problems caused by Yemeni rebel attacks. Brent crude reaches $80.04 per barrel, up 0.82%, while WTI crude rises to $74.49 per barrel, a 0.81% increase. Prices have risen 4.5% and 3% respectively since the start of the week.