Yemeni Houthis have warned shipping firms to avoid loading or discharging at Saudi ports, according to an email; adds that any vessel bound for or departing Saudi ports "may be targeted anywhere"

The warning from Yemeni Houthis can heighten tensions in the region, which may lead to concerns over shipping security at Saudi ports. This is likely to create upward pressure on oil prices, particularly Brent and WTI, as fears of disruption can reduce supply expectations. Monitor movements in safe-haven assets like gold and the dollar, as they might react to increased geopolitical risk.