Commodities
Houthi Attacks Hit Saudi Energy Facilities Amid Ongoing Tensions
Saudi Arabia's energy facilities came under attack on Tuesday by Yemen's Iran-aligned Houthis group, according to Reuters. The attacks, which targeted various sites in Saudi Arabia, led to the halt of operations at some energy facilities.
The strikes wounded 73 people and caused fires to erupt at several locations, resulting in injuries as emergency services rushed to control the blazes.
The flare-up between Saudi Arabia and the Houthis group has raised concerns about the impact on global oil prices. The attacks come amid tensions between the US and Iran, which have already led to a surge in oil prices.