Middle East Tensions Escalate: Houthis Attack Saudi Airport, US Plans New Strikes Against Iran

Geopolitical tensions in the Middle East continue to escalate as Houthi forces carry out a second attack on a Riyadh airport in Saudi Arabia, and Iran warns of navigation risks in the Strait of Hormuz. The US and Iran continue negotiations via intermediaries, while the US Treasury sanctions 17 oil tankers linked to Iran, raising the risk of disruption to the global crude oil supply chain.