As the Houthis threaten to blockade strait in the Red Sea, Iran starts a race to save global energy supplies.

Revolutionary Guard claims attack on oil tanker and two other ships; Houthis in Yemen say they are imposing an immediate maritime blockade of Saudi Arabia in the Red Sea

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…

By Claudia Assis and Myra P. Saefong

Shipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks. The Strait of Hormuz and Red Sea are…