WorldIran-backed Houthis strike Saudi oil refineries

Iran-backed Houthi forces have struck oil refineries in Saudi Arabia. The report places the attack alongside negotiations between the United States and Iran, the naval blockade of the Strait of Hormuz and the war’s economic consequences. It highlights the potential relevance to oil prices, inflation and Middle East geopolitics. The strike is presented as part of a wider regional confrontation affecting energy and diplomacy.