Forex News Today: Market Analysis for Traders

Saudi Energy Minister Abdulaziz bin Salman said the kingdom will expand oil pipeline capacity to 10 million barrels per day within two to three years, citing Houthi attacks.

WTI crude rose about 1% to around $91.90 on Monday. Houthi attacks on Saudi Arabia outweighed Russia-Ukraine energy ceasefire hopes and a Russian diesel supply deal.