UAE condemns the Houthi attack on Saudi-flagged vessel Encelia in the Red Sea, calling it a grave threat to international navigation and regional stability.

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

Saudi Arabia rejected Houthi allegations of imposing a blockade on Yemen, reaffirmed its support for the Yemeni people and vowed to take all necessary measures to protect its…

Closure of Bab Al Mandeb strait would affect Saudi oil exports