Houthi Strikes on Saudi Oil Sites Send Brent Crude Skyrocketing

The Middle East oil crisis escalated on Tuesday with Houthi strikes targeting Saudi energy infrastructure. The Ministry of Foreign Affairs confirmed that the attacks resulted in 73 civilian injuries, including women and children.

Saudi Arabia warned against further escalation by the terrorist militia, stressing the need for an immediate halt to their actions. Secretary of State Marco Rubio stated that the Trump administration is tracking developments closely, with some of the Houthi's actions being 'clearly the Iranian hand.'

Brent crude traded near $100 per barrel following news of the damage and renewed threats of Houthi attacks in the Red Sea.