Houthi Strikes Push Oil Prices Near $100 as Iran Threatens Maritime Exclusion Zone
The ongoing conflict in the Middle East has taken a devastating turn as hostilities escalated on Tuesday, pushing oil prices to nearly $100 per barrel. The Houthi militia launched strikes against Saudi energy infrastructure, resulting in 73 civilian injuries, including women and children. The Kingdom of Saudi Arabia's Ministry of Foreign Affairs condemned the attacks, warning against further escalation.
Secretary of State Marco Rubio stated that the Trump administration is closely tracking developments, suggesting that 'some of this is clearly the Iranian hand.' This sentiment was echoed by Houthi military spokesperson Brig. Gen. Yahya Saree, who vowed to continue operations in Saudi Arabia until aggression stops and a siege is lifted from Yemen.
The conflict has also led to renewed threats from Iran, with Supreme National Security Council Director Mohsen Rezaei announcing plans for a restricted exclusion zone outside the Strait of Hormuz. This move comes as part of 'Operation Economic Outcast,' the Trump administration's pressure campaign against Iran.