Airstrikes target oil storage facilities at Ras Issa and Bajil ports in Hodeidah province, which is under Houthi control, reports Sky News Arabia
Newsquawk ·
Every headline is on the live feed 20 minutes before this site. Airstrikes target oil storage facilities at Ras Issa and Bajil ports in Hodeidah province, which is under Houthi control, reports Sky News Arabia Saudi Arabia targeted the Ras Issa area in Hodeidah, Yemen with airstrikes, Yemeni media also reported a Saudi artillery attack on areas in the Shada border area; reports Fars citing Al Jazeera field sources Columbia Central Bank official says further rate hikes on the table On the Newsquawk feed at 15:10 , 20 minutes before this page. Airstrike targets oil depots in Houthi-controlled Dhamar province Strikes on oil storage infrastructure in Houthi-held Yemeni territory sit within a recurring pattern in which Red Sea hostilities have periodically escalated from shipping attacks to retaliation against onshore assets, and the historical read is that the crude response to such strikes is driven less by lost Yemeni storage, which is marginal to global supply, than by what the targeting signals about the campaign's scope and duration. The operative transmission channel has consistently been freight, insurance and rerouting costs around the Bab el-Mandeb rather than physical barrels, with war-risk premia and longer voyage distances tightening effective product supply while Brent's reaction has tended to fade where infrastructure damage proves contained. The distinction worth drawing is between strikes on storage, which are reversible and largely symbolic, and any extension to export terminals, tankers at berth or energy assets of the sponsors backing the campaign, since it is the latter that has historically converted a risk premium into a supply event. Attribution of the strikes and any Houthi response against shipping or regional energy infrastructure are the immediate follow-ons, with tanker traffic and insurance quotes the cleanest real-time tells. Prior form in this theatre has been escalation in steps interspersed with lulls, and crude has typically needed a confirmed supply interruption to hold gains rather than retrace them.
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