Saudi Oil Facilities Hit by Houthi Missile Attacks: Regional Tensions Soar

Saudi Arabia has been hit by a series of missile attacks from Yemen's Houthi rebels, sparking concerns about oil prices and regional stability. The overnight strikes caused 'temporary' shutdowns at oil sites and injured 73 people, according to Saudi authorities.

The attacks are the heaviest in years, with the Houthis targeting energy facilities in an attempt to disrupt global oil supplies. The move is likely to put upward pressure on oil prices, which have already spiked since Iran blockaded the Strait of Hormuz.

Fighting between the Houthi rebels and Saudi forces has intensified since a four-year truce collapsed in July, months into the Middle East conflict involving the United States and Iran. The Bab al-Mandab strait, the mouth of the vital Red Sea shipping route, has seen hundreds die in clashes between the Houthis and Saudi-backed government forces.

Saudi Arabia has threatened to retaliate against the Houthi attacks, which have been backed by Iran. The situation highlights the ongoing tensions in the region and the potential for further instability in global oil markets.