Yemen Heats Up… A New Threat to the Global Oil Supply

LJ—On Wednesday July 22, Houthi military spokesman Yahya Saree claimed an attack on two Saudi oil tankers, the Encelia and the Layla, transiting the Red Sea, using drones and missiles. The stated justification was that the vessels violated the Houthis’ maritime blockade. Saudi Arabia’s own Saudi Press Agency, citing an official at the Transport General Authority, confirmed the Encelia was hit, reporting a fire at the bow and all crew safe. After the Encelia attack (Wednesday) and a further strike Friday on the Saudi vessel NCC MASA(minor hull damage, continued to destination per SPA), the Saudi-led coalition struck Houthi-held Hodeidah late…