Yemen’s Houthis say they targeted two Saudi oil tankers

Yemen’s Houthis say they targeted two Saudi oil tankers

The Houthis, the Iran-backed group in Yemen, on Thursday claimed an attack on two Saudi oil tankers transiting through the Red Sea, identified as ENCELA and LAYLIA, saying the vessels violated ‌the ‌naval blockade imposed ‌by the group on Monday, the Guardian reported.  “We targeted two Saudi oil tankers, named ENCELA and LAYLIA, for their […]

US Dollar softens as oil and gold rally, ECB decision and Australian jobs loom

US Dollar softens as oil and gold rally, ECB decision and Australian jobs loom

The US Dollar trades slightly lower on Wednesday as markets remain cautious amid escalating tensions surrounding Iran and the Strait of Hormuz. The US Dollar Index (DXY) slips toward 101.10, helping the Euro recover modestly, while most other major currency pairs remain relatively stable. Risk sentiment remains fragile after US President Donald Trump warned that […]