Houthi attacks on Saudi Arabia disrupt 4% of global oil supply
Iran-backed Houthis attack Saudi cities with drones and missiles. They disrupt global oil shipments. The US issued new travel warnings.
Saudi warplanes have stepped up strikes on Yemen while Iran-backed Houthi fighters launch drones and missiles at Saudi cities. Houthi attacks on a Saudi pipeline have cut off up to 4 per cent of global oil shipments.
The United States banned government employees from travelling within 32 kilometres of the Yemen border. Houthi spokesman Yahya Saree announced fresh strikes and said the Saudis had launched as many as 450 air strikes on Yemen this week.
- 4 per cent
- Global oil disrupted
- 450
- Saudi air strikes this week
- 32 kilometres
- US travel ban radius
- $US108 a barrel
- Brent crude price
Why it mattersDisrupted oil supply pushes global energy prices higher. This increases costs for fuel, shipping and electricity worldwide.
AustraliaAustralian petrol prices, shipping costs and electricity bills are affected by Middle East oil supply disruptions.
Corroborated byperthnow.com.au
✓ Claims checked against the source and corrected before publish. checked 8 d ago
