80CONFLICT
⚡ Markets: Adds to supply disruption risk for oil and other goods transiting through the Red Sea/Suez Canal, providing further upward pressure on crude prices and shipping rates.BrentWTIshipping stocks
The Iran-backed Houthi movement has launched a new wave of missile and drone attacks against multiple cities in southern Saudi Arabia, including Abha, Jizan, and Khamis Mushait. The escalation coincides with a Houthi offensive aimed at controlling the strategic Bab al-Mandeb Strait, a key global shipping lane.
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10 sources across the spectrum