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Yemen's Houthi group claimed on Wednesday that it attacked two Saudi oil tankers in the Red Sea, marking the first such strikes since the Iranian-backed rebels declared a blockade on Saudi Arabia. The Houthi military spokesman said the vessels were targeted with missiles and drones, but Saudi authorities have not confirmed the attacks. The incident threatens to escalate tensions in a key global shipping lane, potentially disrupting oil flows and heightening risk premiums in energy markets. Traders are watching for official confirmation and any impact on crude prices, as the Red Sea is a critical chokepoint for oil tankers. The lack of immediate Saudi confirmation leaves markets in a wait-and-see mode, but the claim alone could fuel intraday volatility in oil futures and related assets.
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