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Analyst: If Houthi Militia Attack Escalates, Saudi May Be Forced to Cut Output Alongside Other Oil Producers

2 hours ago

March 28 — Energy analysts warn renewed Houthi rebel attacks on Red Sea shipping could further roil the oil market, cutting global supplies and pushing up prices. Saudi Arabia has been diverting as much crude as possible from the Persian Gulf to its Red Sea port of Yanbu, where most shipments head to Asia. While this hasn’t fully offset oil stuck unable to transit the Bab el-Mandeb Strait, it has helped cap global price surges. If Houthi attacks make Yanbu too risky for tankers to access, up to millions of barrels of oil per day could be stranded in the Middle East, analysts note. That could force Saudi Arabia to cut production alongside Kuwait and Iraq.
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World Foundation Completes $65 Million WLD Token OTC Sale at an Average Price of $0.2719

**March 28: World Foundation Tweets $65M OTC Token Sales by Subsidiary** The World Foundation announced in a March 28 tweet that its subsidiary, World Assets, Ltd., completed **$65 million in total over-the-counter (OTC) token sales** with four counterparties over the past week. The first transaction settled on March 20, 2026. The sales were priced at an average of roughly **$0.2719 per token**, with $25 million in tokens subject to a 6-month lock-up. Proceeds will fund core project operations, research and development (R&D), Orb manufacturing, and ecosystem development, among other uses. Settlements will be processed via World Assets’ multi-signature address starting with 0xE797.

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MIchael Saylor Releases Bitcoin Bullish Signal

On March 28, Michael Saylor took to social media, writing: "It's time to put the laser eyes back on" — signaling bullishness.

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Xinhua News Agency: AI Scientists, Product Architects, Blockchain Engineers to Become High-Paying Positions

On March 28, Xinhua News Agency released an article interpreting the Outline of the 15th Five-Year Plan for National Economic and Social Development of the People’s Republic of China (2026–2030). The document outlines China’s next five-year development blueprint and includes 109 major engineering projects. The plan prioritizes cultivating diverse talent, including “boosting support for training strategic scientists, tech leaders, basic research professionals, and young scientific and technological talents” and “developing outstanding engineers, national artisans, and high-skilled workers.” Artificial Intelligence (AI) tops the list of 8 major engineering projects focused on “frontier technology breakthroughs” for the period. Key development areas include “developing high-performance AI chips and highly available basic software stacks” and “accelerating innovation in model infrastructure exploration,” among others. The article highlights smart agriculture as an example, noting

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USS Ford Aircraft Carrier Arrives in Croatian Port

On March 28, the Croatian Ministry of Defense announced via its official social media that the U.S. Navy’s nuclear-powered aircraft carrier USS Gerald R. Ford entered Croatian territorial waters and docked at the Port of Split the same day. The Croatian government had previously authorized the vessel’s entry into its waters and docking at Split. The Ford’s arrival is part of its scheduled port visit and maintenance plan. (Xinhua News Agency)

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Bitcoin Short-Term Price Surges Above $67,000

On March 28, Bitcoin briefly topped $67,000, per HTX market data. It’s currently trading at $66,960.38, with a 0.76% hourly gain.

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Two more LPG tankers heading to India have exited the Persian Gulf through the Strait of Hormuz.

March 28 – Per foreign media reports, two additional Indian-flagged LPG carriers bound for India have departed the Persian Gulf via the Strait of Hormuz. Ship tracking data shows the BW Tyr and BW Elm, fully laden with LPG, were last tracked off the northern tip of the Omani Peninsula. Throughout their voyage, the vessels’ transponders have been transmitting signals confirming Indian ownership and crew — a standard safety protocol. India relies heavily on LPG imports from the Persian Gulf and is currently grappling with a severe shortage of the fuel. (FXStreet)

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