Houthis seize Red Sea coast as Saudi pipeline shutdown deepens oil risks
UKPulse News Desk
Houthi forces have seized a Red Sea coast position while a Saudi pipeline shutdown deepens risks to oil supplies, according to a report.
- Houthis have seized the Red Sea coast, per an Investing.com UK report.
- A Saudi pipeline shutdown is deepening oil risks, the report says.
Houthi forces have seized the Red Sea coast, according to an Investing.com UK report published on Saturday. The same report states that a shutdown of a Saudi pipeline is deepening risks to oil supplies.
The report links the two developments but provides no further detail on the pipeline, the location of the seizure or the scale of any impact on oil markets.