If shipping through the Bab el-Mandeb Strait is disrupted Saudi Arabia would face increased security costs and reduced flexibility in export shipments, Ahmed Nagi added

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…

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…