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Hormuz Ship Attacks Escalate as Saudi-Houthi War Intensifies
New York TimesLO·SA · YE · IR·about 16 hours ago
Brent crude rose above $100 per barrel following reports of fresh Houthi attacks on Saudi energy infrastructure, reversing Tuesday's dip. Saudi Arabia's energy minister stated oil flows via the East-West pipeline had rebounded to 5.8 million barrels daily, but market sentiment remains risk-off. The attacks mark a continued pattern of Houthi strikes on Saudi assets, with the immediate impact on oil prices and potential supply disruption being the key uncertainty.
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