Skip to content
Back to Guavy Wire
Commodities

Houthis Strike Saudi Oil Installations as War Spreads Beyond Strait

Instruments
Oil
Share

The Iran war is spreading beyond the Strait of Hormuz as Yemen's Iran-aligned Houthi rebels attacked Saudi oil installations along the Red Sea coast on Saturday. The attacks were confirmed by a senior official in President Donald Trump's administration, who stated that Trump 'has always been clear that his preference is diplomacy, but he has shown Iran what will happen if they fail to come to the table in a serious way.'

The US military said its naval blockade against Iran remains in full effect, but did not explain why it halted a streak of 13 nights of escalating strikes. The attacks on Saudi oil installations could affect a second major shipping route and reignite Yemen's civil war.

In another development, Iran accused Ukraine of targeting an Iranian commercial vessel in the Caspian Sea, resulting in an explosion that killed one sailor and injured another.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc