The Hindu·4 min read·medium
Will Houthi attacks on Saudi ships hurt India | Explained
D
Debayan Tewari
✦AI Summary
Recent Houthi attacks on Saudi oil tankers in the Red Sea have caused oil prices to spike, raising concerns about global supply chain disruptions. The conflict threatens key maritime chokepoints, potentially impacting energy costs for nations like India that rely on these shipping routes.
The story so far: On Thursday (July 23, 2026), oil prices climbed above $100 a barrel, the highest in nearly two months, after the Houthis in Yemen said they had attacked two Saudi oil tankers in the Red Sea .
economyworldbusiness
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