The Iran-backed Houthi movement claims it struck two Saudi oil tankers in the Red Sea, escalating tensions with Riyadh and ...

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President Trump threatened attacks on Houthi militants after the Iranian ally said it had hit two Saudi Arabian-flagged vessels.

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Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz.

The war with Iran intensifies and expands as Iranian allied Houthi rebels attack two Saudi oil tankers in the Red Sea.