4% of global oil supply at risk as Saudi shuts major pipeline amid Houthis' attacks. What it means for India

‘These waters aren’t safe’: New oil supply fears as Houthis seize key island, Saudi pipeline attacked

If Yemen’s Houthis gain control of the Bab el-Mandeb Strait, their backer Iran could gain a critical advantage in its war with the US, reducing supplies through a second major corridor and further raising oil prices.