Saudi oil tanker attacked in Red Sea, raising energy supply risks

Houthi missile strikes targeted Saudi oil tankers in the Red Sea, causing Brent crude prices to exceed $98 per barrel. This escalation has increased energy supply risks and put pressure on Bitcoin and crypto markets. Additionally, the Bab el-Mandeb Strait was effectively closed by September 30 at 23.5. These events have rattled financial markets as concerns grow over potential disruptions to global energy supplies and the resulting volatility within the broader cryptocurrency ecosystem.