Houthi Red Sea Attacks Escalate as Oil Prices Surge Past $100 a Barrel

Cargo ships sail through the Red Sea as Houthi attacks disrupt maritime traffic and push global oil prices above $100 a barrel.

Yemen’s Houthi rebels have struck two Saudi oil tankers in the Red Sea this week, pushing Brent crude above $100 a barrel for the first time since May. The Houthi Red Sea crisis has entered a new phase, with the group declaring a formal naval blockade on Saudi shipments in direct response to the ongoing […]

Tagged