Houthis Attack Saudi Oil Tankers in the Red Sea
July 24, 2026
July 24, 2026
WASHINGTON, July 24 [Category: Energy] -- The Institute for Energy Research posted the following commentary:
* * *
Houthis Attack Saudi Oil Tankers in the Red Sea
*
Key Takeaways
1 Oil prices flirted with $100 per barrel as the Iranian proxy Houthis from Yemen struck two Saudi oil tankers in the Red Sea and threatened a blockade of the Bab el-Mandeb Strait.
2 The Red Sea has been used as an outlet for oil transported . . .
* * *
Houthis Attack Saudi Oil Tankers in the Red Sea
*
Key Takeaways
1 Oil prices flirted with $100 per barrel as the Iranian proxy Houthis from Yemen struck two Saudi oil tankers in the Red Sea and threatened a blockade of the Bab el-Mandeb Strait.
2 The Red Sea has been used as an outlet for oil transported . . .