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US launches military strikes on Iran amid Houthi attacks on Saudi tankers, impacting global oil prices
Photo: dawn.com
2026-07-24 08:13   Geopolitics   10

US launches military strikes on Iran amid Houthi attacks on Saudi tankers, impacting global oil prices

The US has intensified military strikes on Iran for the 13th consecutive day following Houthi attacks on Saudi oil tankers in the Red Sea.The conflict, which began in late February, has escalated tensions between the US, Iran, and regional actors like Yemen's Houthi rebels.The attacks on Saudi tankers have disrupted critical shipping routes, prompting fears of a broader economic impact.Global oil prices surged as the conflict threatens to block another major shipping chokepoint, the Bab el-Mandeb Strait.

US forces targeted Iranian military infrastructure, including command centers and coastal surveillance sites, to mitigate threats to commercial vessels.Iran retaliated by attacking US military sites in Jordan and Kuwait, while President Trump vowed 'major military punishment' for Tehran.The situation has drawn criticism from Congress, which urged halting military action against Iran.Analysts warn that the conflict could destabilize global energy markets and intensify regional hostilities.

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