Strike on Iranian cargo ship in Strait of Hormuz kills 1

Houthi strikes threaten Saudi oil exports as Brent hits $105 and Middle Eastern crude soars to $120.

The East-West pipeline has proved to be a critical lifeline for Saudi Arabia’s oil exports, which were disrupted by the war in Iran.

IRAN-CRISIS:Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping

Drone attacks forced closure of the east-west oil pipeline in the Arabian Peninsula