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International Business Times UK
International Business Times UK
World
Audrey Liza M. Nolasco

Houthis Strike Saudi Oil Tankers Threatening Global Fuel Shortages and Gas Price Hikes

Houthi attacks on Saudi oil tankers threaten the Bab El-Mandeb, raising fears of oil supply disruptions, soaring fuel prices and a wider global energy crisis. (Credit: George Chernilevsky/WIKIMEDIA COMMONS)

Yemeni Houthi rebels have carried out a confirmed missile attack on the Saudi-flagged oil tanker Encelia, igniting a fierce fire on the vessel and raising immediate fears of global fuel shortages and severe gas price hikes.

Operating from the southern Red Sea, the Iran-backed group claimed responsibility for targeting both the Encelia and a second vessel, the Layla, under a newly declared naval blockade against Saudi-linked shipping.

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