Yemen's Houthi militia claimed strikes on two Saudi oil tankers in the Red Sea, with Saudi state media confirming one vessel was ablaze. The attacks follow a Houthi maritime embargo against Saudi Arabia imposed in retaliation for a blockade on Yemen and a recent strike on Sanaa International Airport. The escalation came as the US continued strikes on Iran and oil prices jumped 3.7% on fears of a 'two-chokepoint problem' in the Red Sea and Strait of Hormuz.
NYTimes – World Live, rolling coverage of business, economics and financial markets as traders fear attacks from Yemen and Iran creating ‘two-chokepoint problem’ Oil prices have jumped by 3.7% this morning as the backlash from the US war in Iran appeared to spread to the Red Sea . The price of futures for Brent crude oil , the global benchmark, rose by 3% on Thursday to reach as high as $97.45 per barrel, approaching the $100 mark…
Attacks by Iranian-aligned Houthis in Red Sea follow Trump threats to destroy more Iranian infrastructure Yemen’s Houthi militia attacked two Saudi Arabian oil tankers, the Iranian-aligned group said on Thursday, with a Saudi news agency later confirming one of the vessels was ablaze in the Red Sea. The threat of new front opening up in the US-Iran war came as the US military launched its 12th successive night of…
Live, rolling coverage of business, economics and financial markets as traders fear attacks from Yemen and Iran creating ‘two-chokepoint problem’ Oil prices have jumped by 3.7% this morning as the backlash from the US war in Iran appeared to spread to the Red Sea . The price of futures for Brent crude oil , the global benchmark, rose by 3% on Thursday to reach as high as $97.45 per barrel, approaching the $100 mark…
A Saudi vessel was attacked in the Red Sea as Tehran-backed Houthis claimed to strike tankers in the waterway, Riyadh’s state media said, signalling a potential new front in the US-Iran conflict.
On Monday, the Tehran-backed group announced they are imposing a maritime embargo against Saudi Arabia in retaliation for a blockade on Yemen and a recent attack on Sanaa International Airport.
US military says it is degrading Tehran’s ability to threaten ships in strait of Hormuz; Houthis say tankers violated their blockade; US signs nuclear deal with Saudi Arabia Earlier in the US day, before Iran’s Revolutionary Guard said it had stopped three oil tankers from passing through the strait of Hormuz, Donald Trump issued this threat on his Truth Social platform : From this point forward, any time the Islami…
NYTimes – World The Saudi authorities confirmed a strike on one of the ships. These are the first claimed attacks since the Iranian-backed Yemeni group announced a blockade on Saudi Arabia.
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