Middle East: Oil surges as Gulf tensions escalate

Middle East: Oil surges as Gulf tensions escalate

Yemen’s Iran-backed Houthi rebels say they attacked two Saudi oil tankers in the Red Sea on Thursday, marking their first reported strike on a vessel since announcing a blockade of Saudi-linked shipping through the Bab el-Mandeb Strait earlier this week. The Houthis say the move is retaliation for S...

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