Yemen's Iran-backed Houthis claimed striking two Saudi oil tankers in the Red Sea, naming them Encelia and Layla. This occurred as the US conducted its 12th consecutive night of strikes on Iranian military targets, further escalating regional tensions.
Iranian-aligned Houthis claimed strikes on two Saudi oil tankers, threatening a second global oil chokepoint. This occurred as the US military conducted a 12th night of strikes on Iran, prompting Iranian retaliation against US military posts in Jordan and Kuwait, escalating regional conflict and oil supply concerns.
Yemen's Houthi group claimed responsibility for striking two Saudi oil tankers, Encelia and Layla, in the Red Sea with missiles and drones, marking the first such attack since their naval blockade declaration. A vessel reported fire near Al Shuqaiq, Saudi Arabia, with no casualties.
Yemen's Iran-aligned Houthis claimed an attack on two Saudi oil tankers, Encelia and Layla, in the Red Sea using missiles and drones, causing fires. Saudi Arabia confirmed the Encelia was hit, with crew safe. The Houthis imposed a maritime blockade on Saudi Arabia on July 20, citing an "eye for an eye" response to a Saudi-led siege.
Yemen's Houthi militia claimed responsibility for attacking two Saudi oil tankers, Encelia and Layla, in the Red Sea using missiles and drones. A Saudi news agency confirmed the Encelia was ablaze near Jizan. This comes amidst ongoing US military strikes in Iran and escalating regional tensions.
Yemen's Houthi rebels, Ansar Allah, announced strikes on two Saudi oil tankers, ENCELIA and LAYLA, in the Red Sea, claiming violation of a maritime blockade. Saudi Arabia confirmed a strike on Encelia, causing a fire but no crew casualties, as the Arab coalition vows decisive action against "maritime piracy."
Oil prices surged past $95 a barrel for the first time in six weeks due to escalating Middle East conflict, including renewed US-Iran aggression and Houthi threats to shipping in the Bab el-Mandeb strait. Analysts warn prices could hit $120 by year-end without a restart of Gulf exports via Hormuz, despite IEA efforts to cushion the market.
Yemen's Houthi militia, aligned with Iran, has threatened to attack tankers using Saudi Arabian ports, potentially disrupting Saudi oil exports and deepening the regional crisis, with the US weighing responses.
A helicopter crash in Ras Tanura, Saudi Arabia, killed all 14 passengers, all Saudi citizens, on Sunday; the aircraft belonged to Aramco, with an investigation underway.
Three Saudi supertankers carrying 6 million barrels of oil have passed through the Strait of Hormuz, signaling a potential easing of tensions after a deal between the U.S. and Iran. This follows a period of heightened risk assessments for the crucial shipping lane.
SpaceX plans a record-breaking $75 billion IPO, offering 555,555,555 shares at $135 each. This move could value the company at $1.765 trillion and potentially make Elon Musk the first trillionaire.
Saudi oil and gas giant Aramco has been reportedly unable to fix its key LPG export terminal, with deliveries suspended through May Read Full Article at RT.com
