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.

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…

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 |…

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…