economy

Oil jumps to $98 after Houthis attack two Saudi Arabian tankers

Yemeni rebels said they used missiles and drones to target the vessels Encelia and Layla

Oil jumps to $98 after Houthis attack two Saudi Arabian tankers

TL;DR

  • Yemeni rebels claimed responsibility for targeting two oil tankers.
  • The vessels targeted were named Encelia and Layla.
  • Missiles and drones were reportedly used in the attack.
  • Oil prices rose to $98 following the incident.