Oil prices climbed Thursday on continued worries about global supply following a record number of tanker attacks that sent crossings through the Strait of Hormuz to a two-month low. Just seven tankers transited the Strait of Hormuz on Tuesday, less than half the seven-day average and the lowest number since July 23, preliminary data from Kpler showed.
Also, the United States moved all of its long-range bombers stationed in the United Kingdom back to their American home bases on Sunday after an unspecified new threat, officials said. It comes days after the British government arrested a number of individuals in connection with an alleged Iranian plot to target the UK airbase where the planes had been stationed.
And, Yemeni government forces claimed Monday to have retaken key positions near the Bab al-Mandeb Strait, a vital chokepoint for global trade, as they launch a renewed campaign to roll back recent gains made by the Iran-backed Houthi movement. This as the leader of the Houthis in Yemen has warned Saudi Arabia to prepare for a long conflict.
CNN talks to regional and military experts about this week’s developments.
0:00 Oil prices jump after tanker attacks in Strait of Hormuz (October 9)
5:03 US removes bombers from UK after new base threat (October 5)
7:35 Saudi-backed Yemeni forces begin offensive against Houthis (October 5)
13:36 Houthis attack airport in Riyadh (October 8)
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