Yemen’s Iran-aligned Houthi movement has claimed responsibility for a drone attack on Saudi Aramco’s Jazan refinery, just days after Saudi Arabia signed a new defence pact with Pakistan and Türkiye. The Houthis said on Sunday that they targeted the refinery as part of a wider campaign against Saudi Arabia. Houthi military spokesperson Yahya Saree said...
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July 31, 2026July 31, 2026Economy
Oil Prices Drop Over 1% Despite US-Iran Conflict as Supply Flows Improve
Global oil prices fell by more than 1% on Friday as improved crude shipments through key maritime routes eased supply concerns, even as the conflict between the United States and Iran continued to fuel geopolitical uncertainty. Brent crude futures declined by $1.03, or 1.2%, to $88 per barrel, while US West Texas Intermediate (WTI) crude...
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July 25, 2026July 25, 2026International
Houthis Claim Missile Strike on Saudi Arabia as Regional Conflict Intensifies
Yemen’s Houthi movement has claimed responsibility for a missile strike targeting Saudi Arabia, marking a significant escalation as the wider Middle East conflict continues to intensify. According to Houthi military spokesperson Yahya Saree, the group launched a missile attack aimed at a strategic target in the Saudi city of Jeddah. The Houthis said the strike...


