Gulf markets ease after Houthi attacks on Saudi oil sites, Bitcoin dips below $65K

Houthi strikes on Saudi oil infrastructure and tankers in the Red Sea have intensified geopolitical risk, pushing crude above $100 a barrel and pressuring Gulf equity markets. The disruption at a key shipping chokepoint, Bab el-Mandeb, is raising concerns about global oil supply and energy security. Bitcoin fell below $65,000 as crypto markets also repriced risk, while XRP traded lower amid broader digital asset weakness. The article also highlights more than $900 million in traced USDT transactions linked to Houthi activity, increasing scrutiny on Tether and TRON and potentially strengthening calls for tighter stablecoin oversight. Market sentiment is driven by escalating regional conflict and the possibility of further oil price volatility.