Oil prices have surged to $US100 per barrel following attacks on Saudi oil tankers in the Red Sea, escalating tensions in the region.The Houthis, an Iran-aligned group, claimed responsibility for targeting two vessels, intensifying fears of further disruptions to global energy supplies.This comes amid ongoing conflicts over the Strait of Hormuz, where shipping has been nearly halted due to Iranian attacks.US Secretary of State Marco Rubio accused the Houthis of being 'suckered' by Iran into the conflict, warning of potential military action.The attacks have raised concerns about the stability of critical shipping routes, with the Bab el-Mandeb Strait now at risk.

Analysts warn that prolonged blockades could exacerbate an existing energy crisis, particularly affecting Asian importers reliant on Middle East crude.The situation has also drawn attention from Southeast Asian nations, which are deeply impacted by the regional instability.While the US and Iran continue military posturing, diplomatic efforts remain a possibility, though tensions show no signs of easing.