Saudi Arabia intercepted two ballistic missiles from Yemen targeting oil refineries in Yanbu. U.S. forces launched air strikes on Iran after Houthi attacks on Saudi tankers. President Trump vowed major military punishment for Iran and its Houthi allies. The Strait of Hormuz remains a key waterway, with Houthi actions disrupting oil supplies.

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

Houthi militants claimed strikes on two Saudi oil tankers, raising Red Sea shipping risks. The United States launched new strikes on Iran, marking a twelfth successive night of…

The strikes on the vessels in the Red Sea from the Iran-backed terrorist group threaten to deepen the Iran war throughout the Middle East.

Yemen's Houthis are claiming attacks on Saudi oil tankers in the Red Sea

President Trump vowed major military punishment for Iran and its Houthi allies. Houthi fighters struck two Saudi oil tankers in the Red Sea. Global oil prices surged…