Published Sep 15, 2026, 9:54 AM ET · Updated 2 months ago · 1 source

Oil squeeze tightens as Iran-backed attacks cripple Hormuz escape routes

foxbiz
foxbiz
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Original Report

A drone attack damaged Saudi Arabia's East-West Pipeline as Houthi rebels seize strategic islands near Bab el-Mandeb, squeezing oil routes beyond Hormuz.