Topic dossier Developing

Houthi Red Sea Tanker Strikes

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.

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