Houthi Strikes on Saudi Energy Hubs Push Oil Prices Toward $100

Saudi authorities confirmed the strikes resulted in widespread damage and dozens of injuries, including women and children. While state-controlled media provided limited details, Houthi-released footage showed plumes of thick black smoke rising from burning vehicles and industrial sites across the region. The volatility stems from a broader, deepening standoff involving Iran, the United States, and Israel, which has heightened fears regarding the stability of maritime trade routes.

The surge in oil prices reflects market anxiety over potential supply chain disruptions near the Strait of Hormuz. As economic pressure mounts and regional blockades persist, the strikes demonstrate the Houthis' growing capacity to target high-value assets deep within Saudi territory. This tactical shift forces a difficult calculation for global powers already maneuvering through a tense geopolitical climate.