Twelfth night of attacks in the Iran war: first US soldiers killed, Tehran threatens "an eye for an eye"Houthis attack two Saudi oil tankers in the Red SeaUS and Saudi Arabia sign civilian nuclear agreementReformer Drapatyi becomes commander-in-chief of the Ukrainian armyUkraine's drones strike Russia's ports and commercial warehouses, Kyiv appeals to the UN Security CouncilUS House approves record defense budget of over a trillion dollarsMerz makes Thorsten Frei leader of the CDU/CSU parliamentary groupSevere wildfires in southern Europe: tens of thousands fleeing in Spain and FranceRubio meets China and Russia on the sidelines of the ASEAN forumUS court sets trial of Venezuela's ex-president Maduro for June 2027Tesla earns less despite rising salesEU approves Paramount's multibillion-dollar takeover of Warner Bros. subject to conditionsGreece blocks new EU sanctions package against RussiaAlphabet quadruples profit and plans AI investments of up to 200 billion dollarsAutonomous OpenAI AI hack alarms Congress and the digital ministryAlphabet's AI billions drive chip stocks, Intel and AMD secure China dealsTwelfth night of attacks in the Iran war: first US soldiers killed, Tehran threatens "an eye for an eye"Houthis attack two Saudi oil tankers in the Red SeaUS and Saudi Arabia sign civilian nuclear agreementReformer Drapatyi becomes commander-in-chief of the Ukrainian armyUkraine's drones strike Russia's ports and commercial warehouses, Kyiv appeals to the UN Security CouncilUS House approves record defense budget of over a trillion dollarsMerz makes Thorsten Frei leader of the CDU/CSU parliamentary groupSevere wildfires in southern Europe: tens of thousands fleeing in Spain and FranceRubio meets China and Russia on the sidelines of the ASEAN forumUS court sets trial of Venezuela's ex-president Maduro for June 2027Tesla earns less despite rising salesEU approves Paramount's multibillion-dollar takeover of Warner Bros. subject to conditionsGreece blocks new EU sanctions package against RussiaAlphabet quadruples profit and plans AI investments of up to 200 billion dollarsAutonomous OpenAI AI hack alarms Congress and the digital ministryAlphabet's AI billions drive chip stocks, Intel and AMD secure China deals
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Houthis attack two Saudi oil tankers in the Red Sea

Yemen's Houthis report a drone and missile attack on the Saudi oil tankers "Encelia" and "Layla" in the Red Sea, the first since their announced naval blockade against Saudi ships. Riyadh confirms a hit and a fire at the bow of one vessel. The price of Brent crude is rising.

According to Yemen's Houthi movement ("Ansar Allah"), its drones and missiles hit two Saudi oil tankers in the Red Sea, the "Encelia" and the "Layla"; the rebels justify this by citing a breach of the naval blockade against Saudi ships they had previously proclaimed. According to statements maritime security services made to Reuters, cited by Daily Maverick (South Africa), the "Encelia" was struck by a missile; Riyadh confirmed that a vessel belonging to a Saudi company was hit and that a fire broke out at the bow. Western media frame the attack differently: the Financial Times (United Kingdom) emphasizes the rise in the Brent price, while the BBC and the New York Times highlight that these are the first attacks in the Red Sea since the announcement of the "maritime embargo." Al Jazeera (Qatar) foregrounds the Houthi view that the attack is part of the response to the US-Iran war. The precise extent of the damage remains unconfirmed for now, as independent confirmations from the sea area are only slowly coming in. What is clear is that the conflict is thereby spreading to one of the world's most important trade routes.

Forecast · Assessment
  • Most likely55%

    The Houthis continue sporadic attacks on Saudi and Western ships, shipping companies increasingly avoid the Red Sea, and the oil price stays elevated.

  • Worst case20%

    A sustained blockade of the Bab al-Mandab interrupts large parts of maritime traffic and drives energy and freight prices sharply higher.

  • Best case25%

    Diplomatic pressure and escorts calm the situation, and the attacks subside.

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