Brent at $108: Gulf States Halt Hormuz Talks as Houthis Strike Saudi Airbase ...Middle East

Gulf states called off Monday's planned meeting with Iran on reopening the Strait of Hormuz the same day Yemen's Houthis fired dozens of missiles and drones at Saudi Arabia's King Khalid airbase in Khamis Mushait, calling it retaliation for more than 300 Saudi airstrikes on Yemen in five days. A Friday drone attack Riyadh blamed on Iran-backed fighters in Iraq knocked out Saudi Arabia's East-West pipeline, the kingdom's only route around the blockaded strait. The 7-million-barrel-a-day line feeds the Red Sea port of Yanbu, with traders telling…

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