Bab al-Mandab
- Jul 26
Trump shelves Iran strike escalation over fear of depleting Patriot stocks as aides seek diplomacy and energy stability
President Donald Trump has suspended plans for a significant intensification of US strikes against Iran after senior military leaders warned such a move could dangerously drain interceptor stocks needed to protect American forces in the Middle East.
- Jul 26
Houthis strike Saudi Aramco facilities in Yanbu and Jizan with missiles and drones, escalating Red Sea tensions
Yemen's Houthi rebels launched ballistic missiles and drones at Aramco installations in the Saudi cities of Yanbu and Jizan early Saturday, retaliating for Saudi-led coalition airstrikes on the port of Hodeida the previous night.
- Jul 24
Houthi attacks on Saudi tankers push Brent crude above $100 as Bab el-Mandeb blockade tightens
Brent crude surged 7.4% to $101.01 on Thursday after Yemen's Houthi rebels attacked two Saudi tankers and declared a naval blockade of the Bab el-Mandeb strait, the kingdom's main export route since Iran closed the Strait of Hormuz.
- Jul 23
Oil nears $100 as US strikes Iran for 12th night and Houthis attack Saudi tankers in Red Sea
Brent crude reached $96.05 a barrel after Houthi rebels struck a Saudi tanker and the US bombed Iranian military sites for a 12th straight night, threatening two of the world's most critical oil chokepoints.
