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 Saudi Arabia. This has raised concerns over the movement of millions of barrels of crude oil that Saudi Arabia exports through the Red Sea.

The move could increase pressure on already-strained global energy 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 |…

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…

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.

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.

Yemen's Iranian-backed Houthi rebels have announced a maritime embargo against Saudi Arabia

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…

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…

Houthi rebels impose maritime embargo on Saudi Arabia, threatening global oil supplies. US crude inventories at lowest level since 1983.

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…

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.

Houthis declare a naval blockade on Saudi Arabia, raising concerns over oil exports. Successful shipping attacks by July 31, 2026, at 45% YES.

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…

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

Houthis impose maritime embargo on Saudi Arabia, raising concerns over oil supply. Successful targeting of shipping by July 31 at 48.5% YES.

The Iran-backed group said the maritime embargo on the Gulf's biggest crude exporter would be effective immediately.

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…

Saudi Arabia on Monday condemned an announcement by Yemen's Houthis of a maritime blockade of the kingdom, as the Iran-backed rebels threatened the...

Houthis declared a maritime embargo on Saudi Arabia targeting the Bab al-Mandeb Strait, threatening 4.5M barrels of daily oil transit and raising