New attacks in Hormuz and Saudi test nerves as war's spread worsens oil disruption

🇸🇦 Al-Monitor Middle East (SA) —
New attacks in Hormuz and Saudi test nerves as war's spread worsens oil disruption

AI Summary

New attacks targeting Saudi Arabia and ships in the Gulf have heightened tensions and risk worsening disruptions to global oil supplies amid ongoing conflict. These include a strike on a Saudi oil pipeline and advances by Yemen's Houthis, causing oil traders to anticipate price increases.

By Mohammed Ghobari and Nayera Abdallah ADEN/DUBAI, Sept 13 (Reuters) - New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen's Houthis threatened to worsen the wartime disruption to global energy supplies. Oil traders were expecting prices to rise again when markets reopen on Monday, following the weekend developments that jeopardise supplies from the world's biggest exporter, Saudi Arabia.

World Security Conflict Politics Markets Energy Shipping Saudi pipeline attack Gulf attacks oil disruption Yemen Houthis energy markets shipping security

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