Pipeline Attack and Houthi Surge | Global News
Saudi Arabia’s critical East-West oil pipeline was hit by a drone attack from Iraq, disrupting global supply chains and pushing oil prices past $100 a barrel. Iraq admitted responsibility, firing a regional commander amid investigations, while Saudi Arabia vows not to retaliate—at least for now—despite keeping options open. Compounding the crisis, Houthi rebels in Yemen now control key Red Sea coastlines, barring Saudi ships while declaring other vessels safe to pass. Together, these escalating tensions are tightening chokepoints and reshaping energy markets worldwide.
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