Oil Hits $98 After Houthi Attack on Saudi Tankers

📡 Financial Times · 1 min read ·
Yemeni rebels struck two Saudi Arabian oil tankers with missiles and drones, pushing crude prices to $98 per barrel. The Houthi group claimed responsibility for targeting the vessels, named Encelia and Layla. The attack raises fears of supply disruptions in a key shipping route. No injuries or major damage have been reported so far.