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Geopolitics

After two Saudi oil tankers were targeted in the Red Sea, Saudi Arabia is once again seeking Oman's mediation and has dispatched a delegation to Muscat to contain tensions with Yemen, Fars reports

StockNow breaking-news AI analysis

Saudi Arabia seeks Omani mediation following Houthi attacks on oil tankers. WTI surged past $90 as shipping compliance with Yemeni naval forces disrupts critical Red Sea energy supply routes.

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Yemeni shipping sources say that almost all commercial ships passing through the Bab al-Mandab Strait are following the decision of the Yemeni naval forces.

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