Saudi Oil Arteries Under Stranglehold as Red Sea War Roars, Hormuz Talks Remain in Limbo
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4 Articles
The international energy market goes through a day of sustained upward pressure driven by the spread of war hostilities in the main commercial arteries of the Middle East. The caution of commercial and financial operators deepened after new armed confrontations on the Arabian peninsula and the persistent asphyxiation over the sea passes of...
The clashes between the Al-Houthi and the Saudi and Yemeni coalition escalated, with Al-Houthi elements launching a new wave of attacks on Saudi territory, infiltrating positions on the west coast of Yemen along the Red Sea, according to the statements of Yemeni officials. International tensions, as the Arab Gulf States postponed planned talks with Iran, raised concerns about the escalation of conflict in the region [...] The post Saudi oil rout…
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