Houthi Rebels Attack Saudi Tankers in Red Sea

Why it matters locally: The attack on Saudi tankers in the Red Sea could contribute to fluctuating global oil prices, potentially impacting gasoline costs for Minnesota consumers.

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Yemen-based Houthi rebels attacked two Saudi Arabian oil tankers in the Red Sea. Iran supports the Houthi rebel group. Richard Engel of NBC News reported on the incident, describing it as a new front in the Middle East conflict. Christine Romans of TODAY offered analysis regarding the economic impact, specifically addressing gas prices in the United States.