Houthis have accused Saudi Arabia of launching 129 strikes in just 48 hours, raising concerns over the impact on Saudi Arabia’s oil industry. The attacks come amid heightened tensions in the Red Sea, where both sides are vying for control over critical shipping routes. The conflict has led to fears of further disruptions to global oil supplies, as the region remains a key transit point for energy exports.
Saudi Arabia has faced mounting threats from Iran and its allies, with Houthi rebels advancing rapidly along the Red Sea. The situation has worsened as drone attacks, believed to be carried out by Iran-backed militias in Iraq, have forced the closure of a major pipeline. This has added to the pressure on Saudi Arabia, which has already doubled its Red Sea oil exports in response to the growing instability.
Iraq has closed two key border crossings with Iran as investigations into the attacks continue. The situation highlights the complex web of regional tensions, with multiple actors contributing to the escalating crisis. As the conflict intensifies, the Red Sea remains a focal point for global energy security.
The ongoing clashes underscore the fragile balance in the region, with each side accusing the other of escalating hostilities. The Red Sea continues to be a critical artery for international trade, and any further disruption could have far-reaching consequences.
