Houthis launch attack on oil and utility targets in Saudi Arabia
Speakers
Kelly
— Anchor
Eamon Javers
— Senior Washington Correspondent, CNBC
Summary
CNBC's Eamon Javers reports on escalating U.S.-Iran conflict, including U.S. strikes on Iranian crude tankers and Houthi attacks on Saudi oil infrastructure and utilities. Saudi Arabia temporarily suspended operations at some southern oil and utility facilities. The disruptions are pushing oil and fuel prices higher, while new U.S. sanctions target Iran's aviation industry.
- U.S. military struck three Iranian crude oil tankers in the Persian Gulf region.
- At least one Iranian tanker, the Kylo, sank in the Gulf of Oman.
- Houthi rebels attacked Saudi oil infrastructure and utility targets, wounding up to 70 people.
- Saudi Arabia temporarily suspended some southern oil and utility operations to fight fires.
- Washington announced additional sanctions targeting Iran's aviation industry.
- The conflict is driving oil and fuel prices higher amid supply disruption fears.
Ideas
Iran conflict disruptions lift oil prices
Escalating Iran conflict is disrupting crude supply: U.S. strikes hit Iranian crude tankers, Houthi attacks hit Saudi oil infrastructure and utilities, and Saudi Arabia temporarily suspended oil operations in its southern region, driving oil and fuel prices higher.
