The move could increase pressure on already-strained global energy markets.
Yemen fighting and Houthi shipping attacks deepen strain on oil markets
The Houthis have declared a naval blockade on Saudi Arabia, threatening a critical oil export route and adding fresh uncertainty to global energy markets amid escalating regional conflict.
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 has become a critical alternative oil…
The Iran-backed group said the maritime embargo on the Gulf's biggest crude exporter would be effective immediately.
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.
Yemen's Iran-aligned Houthis announced Monday they would impose a maritime blockade on Saudi Arabia, further throttling a global energy market already...
In a statement, the Houthis military spokesperson Yahya Saree said the group would enforce the blockade against its "criminal Saudi enemy" effective immediately.
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…
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…
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…
Houthi attacks on Saudi Arabian oil shipments could send energy prices higher and open a new front in the Iran war
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
The Houthis have declared a naval blockade on Saudi Arabia, threatening a critical oil export route and adding fresh uncertainty to global energy markets amid escalating regional…
Houthis impose maritime embargo on Saudi Arabia, raising concerns over oil supply. Successful targeting of shipping by July 31 at 48.5% YES.
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…
Yemen's Iran-aligned Houthis said on Monday they would impose a naval blockade on Saudi Arabia, raising the threat to global energy supplies and trade beyond the Gulf.
Three factors will determine how disruptive the new Houthi campaign will be to global oil markets and Gulf economic stability.
July 20 (Reuters) - Yemen's Iran-aligned Houthis will impose a maritime blockade on Saudi Arabia, they said on Monday, further throttling a global energy market already greatly…
Group said that the move was ‘based on the equation of “an eye for an eye”, effective immediately’