Oil approaches $100 after Houthis strike Saudi tankers in Red Sea

🌐 Al-Monitor Middle East (United States) —
Oil approaches $100 after Houthis strike Saudi tankers in Red Sea

AI Summary

Iran-backed Houthi rebels attacked two Saudi oil tankers, Encelia and Layla, in the Red Sea, pushing oil prices near $100 per barrel amid increased regional tensions.

The Iran-backed rebels said they had targeted two Saudi tankers, the Encelia and the Layla.

Conflict Politics Markets Commodities Energy Shipping Houthi rebels Saudi tankers oil prices Red Sea Iran energy security shipping attacks

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