Houthi fire missiles at 2 Saudi tankers in Red Sea
The attacks raise energy and trade risks as Bab al-Mandab faces tighter pressure after six ships were earlier forced to divert.
The attacks raise energy and trade risks as Bab al-Mandab faces tighter pressure after six ships were earlier forced to divert.
Shipping traffic fell and global oil prices climbed above US$90 a barrel amid threats of an Iranian response.
Eight people were injured, four seriously, after the two ships caught fire in Omani waters.
Why it matters: The halt clouds a new U.S.-backed route meant to free stranded ships, with oil prices rising as transit risks return.