ConflictHighEmergingAccelerating
7.6
New attack reported on ship in Strait of Hormuz; Saudi pipeline shut adds to oil supply fears
Straits Times·SA · IR · AE·1 day ago
Gulf states canceled planned talks with Iran on reopening the Strait of Hormuz after Houthi missile/drone strikes on Saudi Arabia's King Khalid airbase and a drone attack on the East-West pipeline, which Riyadh blamed on Iran-backed fighters in Iraq. The pipeline outage removes Saudi Arabia's only bypass route around the strait, tightening oil supply risks. Escalation follows over 300 Saudi airstrikes on Yemen in five days, signaling a regional conflict spiral.
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