By Federico Maccioni, Timour Azhari and Eman AbouhassiraRIYADH, July 25 (Reuters) - Yemen's Iran-aligned Houthi militants fired on Saudi oil installations in two ports on the Red Sea coast on Saturday and Saudi-backed forces bombed the Houthis, as the war in the Gulf that has disrupted global supplies extended to a second front.Houthi military spokesperson Yahya Saree said the group had targeted and successfully struck sites belonging to Saudi state oil giant Aramco in Jizan and Yanbu.

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

DUBAI, July 23 — Yemen’s Houthi rebels claimed to have struck two Saudi oil tankers in the Red Sea on Wednesday, potentially opening a new front in the US-Iran war engulfing...

Attacks on ships crossing the Red Sea would likely cause further economic chaos