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2026July › 23

Red Sea

7 days ago

Oil prices rise for a fifth day after Yemen's Houthis say they struck Saudi Arabian oil tankers in the Red Sea.

Benchmark rises sharply over fears Houthi militia could strangle Saudi exports as US-Iran fighting intensifies

The oil price has climbed back above $100 a barrel for the first time in two months, as a…

Attack by Houthis on Saudi Arabian tankers in Red Sea threatens further squeeze on energy supplies
Attack by Houthis on Saudi Arabian tankers in Red Sea threatens further squeeze on energy supplies
Iran has launched a new front in its war with Donald Trump in the Middle East after the regime's proxy militants bombed oil tankers linked to US allies in the Red Sea.
A statement on the Foreign Office (FCDO) website said: 'Due to the security situation, UK staff have been temporarily withdrawn from Iran.'
Yemen's Houthis said they had targeted two Saudi Arabian oil tankers with drones and missiles for allegedly violating its maritime blockade.

Attacks by Iranian-aligned Houthis in Red Sea follow Trump threats to destroy more Iranian infrastructure

Yemen’s ⁠Houthi militia attacked two ​Saudi Arabian oil tankers, the Iranian-aligned group sai…

On Monday, the Tehran-backed group announced they are imposing a maritime embargo against Saudi Arabia in retaliation for a blockade on Yemen and a recent attack on Sanaa International Airport.
The Houthi attacks would be the first in the Red Sea since the Iran-backed group announced a "maritime embargo" against Saudi Arabia.

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