Summary

  • IRGC says supertanker exploded after hitting mine in Hormuz, says strait remains closed.
  • ‘Deal’ headlines return: US seeks “Step-by-Step” agreement with Iran, reports state media.
  • Houthis seized more Red Sea territory, including Perim Island near the Bab al-Mandab Strait.
  • Iran-Gulf diplomacy was postponed, delaying efforts to address the Strait of Hormuz crisis in what was to be a rare GCC-Iran meeting.
  • Saudi oil exports face ongoing disruption after a pipeline shutdown, pushing oil prices above $100/barrel.

https://www.zerohedge.com/geopolitical/houthis-unleash-major-missile-barrage-saudi-arabias-sprawling-king-khalid-air-base