Saudi Arabia and Houthi Rebels Escalate Conflict Near Yemen Border
Saudi Arabia and the Houthi rebels in Yemen have escalated their conflict near their shared border, prompting concerns over oil supplies. The fighting has led to the displacement of over 100,000 Yemenis, according to the International Organization for Migration. Saudi authorities reported a death and over 80 injuries from debris caused by an intercepted drone strike.
Iran's Islamic Revolutionary Guard Corps claimed that an oil tanker flying the Togolese flag caught fire after being hit in what they called an 'illegal passage' through the Strait of Hormuz. The US Navy is trying to escort ships through the strait, but Iran says it will remain closed until Washington lifts its blockade.
Global oil prices have fallen slightly but remain above $100 per barrel. US President Donald Trump told Axios that he is considering resuming large-scale attacks on Iran.