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Iran's Houthi allies in Yemen declare maritime embargo of Saudi Arabia
Satellite view of the Bab el-Mandeb Strait is a vital trade route linking the Red Sea, Gulf of Aden, Arabian Sea, Suez Canal, and Mediterranean.Gallo Images | Orbital Horizon | Getty ImagesIran's Houthi allies in Yemen on Monday declared a maritime embargo against Saudi Arabia effective immediately. The militants have repeatedly threatened to close the Bab el-Mandeb Strait, a chokepoint for commercial ship traffic connecting the Red Sea to the Gulf Aden and global markets. The Houthis, in a statement carried by state news, accused the Saudis of laying an "aggressive siege" against them. Tensions escalated last week after the militants claimed that Riyadh had bombed Sanaa International Airport. The Saudis have diverted million of barrels of oil per day through a pipeline to an export terminal on the Red Sea, as the U.S.-Iran war has severely disrupted tanker traffic through the Strait of Hormuz.A closure of Bab el-Mandeb would block in those barrels, exacerbating the oil supply disruption triggered by the plunge in tanker traffic through in Hormuz. Crude oil prices were little changed after the announcement.This is breaking news. Please refresh for updates.
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thestar.com
Yemen’s Iranian-backed Houthis say they will block Saudi shipping at Red Sea gateway
CAIRO (AP) — Yemen's Iranian-backed Houthi rebels on Monday announced they are imposing a maritime embargo against Saudi Arabia in retaliation for a blockade on Yemen and a recent…
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cnbc.com
Iran's Houthi allies in Yemen declare maritime embargo of Saudi Arabia
Satellite view of the Bab el-Mandeb Strait is a vital trade route linking the Red Sea, Gulf of Aden, Arabian Sea, Suez Canal, and Mediterranean.Gallo Images | Orbital Horizon |…
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channelnewsasia.com
Yemen's Iran-backed Houthis announce maritime blockade of Saudi Arabia
The Houthis "declare a maritime embargo against the criminal Saudi enemy, based on the equation of 'an eye for an eye', effective immediately upon the issuance of this statement,"…
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al-monitor.com
Yemen's Houthis declare naval blockade on Saudi Arabia, widening threat to global oil supplies
By Nayera Abdallah, Eman Abouhassira and Enas AlashrayDUBAI/CAIRO, July 20 (Reuters) - Yemen's Iran-aligned Houthis said on Monday they were imposing a naval blockade on Saudi…
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nbcnews.com
Yemen’s Houthis declare naval blockade on Saudi Arabia, widening threat to global oil supplies
The Houthis said their decision to declare a maritime embargo was in response to what they called “an unjust and oppressive siege” imposed on Yemen by the Saudis.
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cryptobriefing.com
Houthi blockade in Red Sea tightens Iran's grip on global energy supplies
Houthi blockade in the Red Sea tightens Iran's grip on energy supplies. Strait of Hormuz traffic normal by August 31 at 14.5% YES.
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independent.co.uk
Yemen's Iranian-backed Houthis say they will block Saudi shipping at Red Sea gateway
Yemen's Iranian-backed Houthi rebels have announced a maritime embargo against Saudi Arabia
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economictimes.indiatimes.com
How a Houthi blockade in the Red Sea tightens Iran's grip on global energy supplies
Yemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global energy markets significantly. The Red Sea…
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Yemen's Houthis declare naval blockade against Saudi Arabia
By Nayera Abdallah and Timour AzhariDUBAI, July 20 (Reuters) - Yemen's Iran-aligned Houthis said on Monday they were imposing a naval blockade on Saudi Arabia, a move that…
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euronews.com
Yemen’s Houthis threaten Bab el-Mandeb closure in Saudi Arabia embargo
The Iran-backed Houthis declared a maritime embargo on Saudi Arabia after accusing the kingdom of attacking Sana'a airport and maintaining a years-long blockade, putting one of…
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Houthis announce maritime blockade on Saudi Arabia, threatening global energy flows and risk asset calculus
Houthis declared a maritime blockade on Saudi Arabia targeting the Bab el-Mandeb Strait. Here's how the oil supply shock could ripple into crypto markets.
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pbs.org
Yemen's Iranian-backed Houthis announce a maritime embargo against Saudi Arabia
Yemen's Iranian-backed Houthi rebels have announced a maritime embargo against Saudi Arabia. Monday's decision comes in retaliation for a blockade on Yemen and a recent attack on…
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timesofindia.indiatimes.com
Fresh threat to global oil supply: Saudi Arabia’s crude exports at risk as Yemen’s Houthis look to impose maritime blockade
After the Strait of Hormuz disruptions, a fresh threat to the world's oil supply has emerged with the Iran-backed Houthi movement in Yemen announcing a maritime blockade against…
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hindustantimes.com
How a blockade in Red Sea tightens Iran's grip on global energy supplies | Explained
Yemen sits on the Bab el-Mandeb strait and closing that would open up a new front in the energy crisis and Iran's overarching conflict with the US. | World News
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upi.com
Houthis block Saudi Arabia from transiting Bab el-Mandeb Strait - UPI.com
The Houthi militants in Yemen announced a blockade on maritime navigation for Saudi Arabia beginning Monday.
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Houthis impose maritime embargo on Saudi Arabia, threaten global oil supply
Houthis impose maritime embargo on Saudi Arabia, raising concerns over oil supply. Successful targeting of shipping by July 31 at 48.5% YES.
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As Houthis declare Red Sea blockade on Saudi Arabia, oil markets brace for impact
The Iran-backed group said the maritime embargo on the Gulf's biggest crude exporter would be effective immediately.
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Houthis stop trade for biggest rival as war begins; before Bab Al Mandeb strait, MBS' ports blocked?
The Middle East situation has sharply escalated as Yemen’s Houthi rebels enter the conflict, announcing a naval blockade and ordering closures of ports Saudi Arabia. The move…
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Saudi-led coalition vows to protect Bab el-Mandeb shipping lanes amid Houthi threats
Saudi-led coalition vows to protect Bab el-Mandeb shipping lanes amid Houthi threats. Houthi success targeting shipping by July 31 at 52.5% YES.
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Houthis declare maritime embargo on Saudi Arabia, threatening key oil chokepoint
Houthis declared a maritime embargo on Saudi Arabia targeting the Bab al-Mandeb Strait, threatening 4.5M barrels of daily oil transit and raising