Each year, approximately 12 to 15 percent of global maritime trade worth more than $1 trillion transits the waterway, which extends from the Suez Canal in the north to the Bab el-Mandeb Strait in the south. This 2025 handout provided by the Houthi group media center, shows fighters of the Houthi group controlling a commercial vessel in the Red Sea, Yemen. Mohammed Hamoud / Houthi Media Center / Getty Images fileAug. 3, 2026, 4:56 PM EDTBy CFR EditorsThis article was originally published on CFR.org.As the United States and Iran remain locked in a struggle for control over the Strait of Hormuz, concerns are mounting about the security of another regional maritime chokepoint: the Red Sea. On July 20, the Iran-backed Houthi rebels declared that they would impose a complete naval blockade on Saudi Arabia. Although they didn’t provide specifics on what the blockade would entail, Houthi-controlled territory in Yemen runs directly along the Bab el-Mandeb Strait—at the south end of the Red Sea—which Saudi Arabia uses to export oil to the global market. The Houthis’ announcement comes more than a month after the group banned all Israeli and Israeli-linked ships from transiting the Red Sea, calling them “legitimate military targets.”Just a moment.We are getting your experience ready.