New coalition to secure Red Sea shipping bolsters US dollar as oil prices rally ALBAWABA – Oil prices rallied over the last two days and the US dollar strengthened as the United States (US) formed a 10-nation anti-Houthi coalition to secure the Red Sea shipping route. Brent crude futures dipped $0.08, or 0.1 percent, to $79.15 a barrel by 0507 GMT, according to Reuters, while West Texas Intermediate (WTI) crude ...
