Houthis & American Petroleum Institute

Houthis: The Houthis claimed responsibility for the missile strike on the Saudi tanker Wafaa, escalating its maritime blockade of Saudi Arabia. The group's actions are disrupting Red Sea shipping and contributing to regional instability.

American Petroleum Institute: API data showed a rise in U.S. crude inventories, which could offset some supply concerns.

Houthis: The Houthis, as Iran's allies in Yemen, have previously attacked shipping near Bab-el-Mandeb, and their potential activation could further disrupt global oil supplies.

American Petroleum Institute: The American Petroleum Institute>>> released data showing a significant fall in US crude oil inventories, contributing to concerns about supply.

Houthis: Claimed attacks on Saudi oil facilities and shipping, including blockade of Red Sea routes.

American Petroleum Institute: API reported a 3.3 million barrel draw in US crude inventories, tightening supply.

Houthis: Houthis attacked ships in the Red Sea, adding to shipping risks and supporting oil prices.

American Petroleum Institute: API data showed crude and distillate inventories fell, supporting oil prices.

Houthis: The Houthis are attacking shipping, complicating the reopening and raising regional tensions. Their actions could derail progress.

American Petroleum Institute: Provides industry inventory data that moves markets.

Houthis: The Houthis>>> in Yemen>>> are allies of Iran>>> and possess combat-grade UAVs, contributing to regional instability.

American Petroleum Institute: The American Petroleum Institute provided figures on US crude oil, gasoline, and distillate inventories.