Houthis claim attack on Saudi oil refinery as Iran war widens to Red Sea
AI Summary
Yemen's Iran-backed Houthi rebels claimed an attack on a Saudi oil refinery amidst widening Iran-related conflict in the Red Sea region. This escalation could potentially disrupt global oil markets further, adding to tensions caused by the Strait of Hormuz closure.
The strikes by Yemen's Iran-backed Houthi rebels could add to the pressure on global oil markets on top of disruptions caused by the closure of the Strait of Hormuz.