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Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran war - Headlines news and analysis from Global Banking & Finance Review
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Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran war

Published by Global Banking & Finance Review

Posted on July 22, 2026

6 min read

· Last updated: July 23, 2026

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Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran war

Escalating Tensions and Risks in the Red Sea and Strait of Hormuz

By Yomna Ehab and Enas Alashray

Houthi Attacks and Naval Blockade Claims

CAIRO, July 23 (Reuters) - The Iranian-aligned Houthis on Thursday claimed military strikes on two Saudi oil tankers as part of a naval blockade on Saudi Arabia, advancing toward a second chokehold on world oil supplies at the Red Sea in coordination with Iran's attempt to control the Strait of Hormuz.

Meanwhile the U.S. military said on Wednesday it launched a new round of strikes on Iran at President Donald Trump's direction, marking a 12th successive night of American attacks.

Strategic Importance of Bab el-Mandeb and Strait of Hormuz

The Yemen-based militants, who control areas near the Bab el-Mandeb Strait on the opposite end of the Arabian Peninsula from the Strait of Hormuz, said on Monday they were imposing a naval blockade on Saudi Arabia in what some analysts have viewed as a tactical move by Iran to seek leverage.

Even before the renewed threats to shipping traffic in the Red Sea, Iran's near-total blockade of the Strait of Hormuz had stoked inflation around the world, pushing up oil prices and squeezing U.S. gasoline consumers at a time when the unpopular war has put Trump's Republican allies under pressure ahead of congressional elections in November.

Impact on Global Shipping and Oil Markets

Five tankers changed course in the Red Sea to avoid the Bab el-Mandeb Strait on Wednesday, and three tankers loaded with Saudi oil for China and India made U-turns on Tuesday.

Then the Houthis said their forces carried out missile and drone strikes on two Saudi oil tankers in the Red Sea, identifying them as the Encelia and the Layla.

A maritime security source said Encelia had transmitted a distress call, reporting it had been struck by a missile near the Saudi port of Jizan in the Red Sea late on Wednesday. British maritime risk management group Vanguard said the Saudi-flagged tanker was struck by an unknown projectile about 70 nautical miles southwest of Saudi Arabia's Al Shuqaiq. The attack on the Layla remained unconfirmed.

Millions of barrels per day of Saudi oil have been heading to the kingdom's Red Sea port of Yanbu to avoid the Strait of Hormuz. If shipments cannot pass through the Red Sea's southern strait, they have only the northern route through the Suez Canal, adding weeks and costs to the journey.

Moreover, the Houthi threat to impose a naval blockade against Saudi Arabia could significantly widen the war and strain a U.S. military, current and former U.S. officials said.

U.S. and Iranian Responses

Trump's Threats and Iranian Countermeasures

TRUMP THREATENS INFRASTRUCTURE

Before the Red Sea flare-up, Trump vowed on Wednesday to destroy an Iranian bridge or power plant every time Iran shoots at a ship in the Strait of Hormuz.

Iran's joint military command in turn warned that if Trump's threat against infrastructure was carried out, Iranian forces would target regional oil, gas, electricity and economic infrastructure and prevent the export of "even a single drop of oil," Iranian state media reported.

Recent Military Actions and Escalation

Hours later, Iran's Revolutionary Guards reported an explosion in what it called a mined route south of the Strait of Hormuz, saying one of three oil tankers had caught fire while the other two turned back. The Guards said the strait was under their control and "completely closed," warning that no tanker would be allowed to enter or leave without coordination with Iran.

In 12 straight days of attacks since a June ceasefire fell apart, American strikes have widened from the south to western and central areas of Iran. The U.S. military's Central Command said it would continue to "further degrade" Iran's ability to threaten ship traffic.

Iranian media reports said the U.S. twice on Thursday attacked a military target in Bushehr, near the country's only operating commercial nuclear power reactor, marking three strikes there in two days.

State TV reported two people were killed and 11 wounded in what a Khuzestan provincial official described as a U.S. missile attack on the Shalamcheh border crossing with Iraq.

Despite triumphant statements from Washington, Iran has demonstrated it retains missile and drone capabilities.

Iran pounded vital water desalination and energy plants in Kuwait this week and targeted U.S. military assets there, in Bahrain and in Jordan.

Human and Military Toll

Civilian and Military Casualties

Each side has also reported an escalating human toll.

An Iranian health ministry official said 53 civilians had been killed and 592 wounded since late last month. Since the U.S. and Israel launched the war on February 28, thousands of people have been killed and millions displaced.

The U.S. military has said it never targets civilians, which could violate the 1949 Geneva Conventions on humanitarian conduct in war. Trump, however, has repeatedly threatened to attack civilian infrastructure, which may be targeted if it is also being used for military purposes, provided the civilian harm is not excessive.

The war has also led to the deaths of 18 U.S. service members and injured more than 450 troops. Trump attended a ceremony on Wednesday at Dover Air Force Base in Delaware for four U.S. service members killed in Iranian attacks on military bases over the last few days — three in Jordan and one in Iraq.

Political and Public Reactions

"For me it's one of the hardest things to do as a president. But it has to be done," Trump said before leaving for the ceremony.

Later, at a speech in Georgia, Trump struck a different tone, saying of the war, "I call it a skirmish."

Reporting and Contributors

(Reporting by Yomna Ehab, Enas Alashray and Ahmed Tolba in Cairo; Additional reporting by Ahmed Elimam in Dubai, Rick Noak in Islamabad, Susan Heavey and Kanishka Singh in Washington and Michael Martina in Manila; Writing by Philippa Fletcher, Gareth Jones, David Morgan and Daniel Trotta; Editing by Andrei Khalip, Nia Williams and Stephen Coates)

Key Takeaways

  • Marco Rubio emphasized that the U.S. is “always committed to diplomacy,” but questioned Iran’s willingness to negotiate credibly. (apnews.com)
  • A 10‑day ceasefire proposal has been offered by mediators to revive the June interim deal between the U.S. and Iran. (axios.com)
  • Houthi threats in the Red Sea forced at least two Saudi crude tankers bound for Asia to reverse course and reroute via the Suez Canal, heightening risks to global oil supply. (theprint.in)

References

Frequently Asked Questions

What did Marco Rubio say about US willingness to negotiate with Iran?
Marco Rubio stated that the US remains committed to diplomacy and is willing to negotiate to resolve the Iran crisis, but questioned whether Iran is serious about talks.
How has the Iran crisis affected global energy markets?
The crisis has led to disruptions at critical energy chokepoints, including oil tankers reversing course in the Red Sea, and has caused oil prices to rise.
What actions have the Houthis taken in the Red Sea?
The Houthis have announced a naval blockade on Saudi Arabia at the mouth of the Red Sea and threatened to attack ships carrying Saudi oil.
Why is the Strait of Hormuz significant in the conflict?
The Strait of Hormuz is a crucial shipping route for global oil exports, and Iranian threats to this route have heightened international tensions.
Have there been any recent diplomatic efforts to de-escalate the Iran crisis?
Yes, mediation efforts for a ceasefire continue, with Pakistan and other countries involved, but no diplomatic breakthrough has been achieved yet.

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