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The Houthis just announced a blockade on Saudi Arabia. What does it mean for the global economy?
Three factors will determine how disruptive the new Houthi campaign will be to global oil markets and Gulf economic stability.
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foreignpolicy.com
Houthis Declare a Naval Blockade on Saudi Arabia
The move could increase pressure on already-strained global energy markets.
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abc.net.au
Breaking: Iran-backed Houthis declare maritime blockade on Saudi Arabia
In a statement, the Houthis military spokesperson Yahya Saree said the group would enforce the blockade against its "criminal Saudi enemy" effective immediately.
