A concise round-up of the region’s top news stories this morning

A concise round-up of the region’s top news stories this morning

By Jana Choukeir, Nayera Abdallah and Elwely ElwellyDUBAI, July 21 (Reuters) - Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats…

Houthi threats, Iranian strikes and a Hormuz standstill send oil surging as the US-Iran conflict enters its 10th day.

By Jana Choukeir, Nayera Abdallah and Elwely ElwellyDUBAI, July 21 (Reuters) - Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats…

Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats from Yemen's Iran-aligned Houthis, as a widening Middle East conflict…

A concise round-up of the region’s top news stories this morning

The Iran-aligned Houthis on Monday declared a naval blockade against Saudi Arabia, opening a potential new front against the United States in its war with Iran.

Houthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after the blockade declaration. European…

The escalations intensify the risk of further pressure on global oil supply and prices.