Houthis Rebels Hijack Saudi Ship Carrying Oil Rig

Houthis Rebels Hijack Saudi Ship Carrying Oil Rig

OilPrice.com

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The Iranian-aligned Houthis in Yemen have seized a vessel that was towing a South Korean drilling rig that was in the Red Sea, the Saudi-led collation said on Monday, in what is an apparent escalation of tensions in the Middle East following drone attacks and other ship seizures in vital oil shipping lanes.  The vessel, the tugboat Rabigh-3, was seized on Sunday, according to the Saudi coalition as reported by Reuters—a development that was confirmed by a Houthi official, who said the vessel would be released if the vessel was confirmed…

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