WS #12702
Houthi strikes on Saudi Aramco's Jizan refinery and Bab el-Mandeb blockade push Brent toward $100; Saudi Red Sea exports down 41% from March peak. US paused strikes on Iran for first night in two weeks; both sides confirm ongoing talks, countering escalation narrative and potentially easing oil supply fears.
Oil Supply Disruption and Price Surge
Houthi strikes on Saudi Aramco's Jizan refinery and Bab el-Mandeb blockade push Brent toward $100; Saudi Red Sea exports down 41% from March peak.
US paused strikes on Iran for first night in two weeks; both sides confirm ongoing talks, countering escalation narrative and potentially easing oil supply fears.