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Houthi attacks on Saudi tankers heighten Red Sea oil supply risks
Photo: RAPPLER
2026-07-23 07:49   Conflict   10

Houthi attacks on Saudi tankers heighten Red Sea oil supply risks

The Iranian-aligned Houthis claimed military strikes on two Saudi oil tankers, escalating tensions in the Red Sea and raising concerns over global oil supply disruptions.

The attacks, which targeted the tankers Encelia and Layla near the Saudi port of Jizan, have intensified fears of a second chokehold on oil shipments through the region.Analysts suggest the Houthi actions are part of a broader Iranian strategy to gain leverage in diplomatic efforts to end the conflict.Meanwhile, the US military has launched a 12th consecutive night of strikes on Iran, further escalating regional tensions.Iran has warned of retaliatory measures against US infrastructure, including potential attacks on oil and energy facilities.The conflict has already caused significant disruptions, with oil prices rising and shipping routes rerouted through the Suez Canal.Thousands of casualties and millions displaced have resulted from the ongoing war, with both sides accusing each other of civilian casualties.The situation threatens to widen the conflict further, straining US military resources and global markets.

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