Houthis declare naval blockade of Saudi Arabia: Will this trigger the world’s next oil shock?
21 July 20261 min read0 views
The Houthi blockade targets Saudi Arabia's Yanbu export hub and Bab el-Mandeb Strait, threatening oil flows representing nearly 7 per cent of global production. Combined with Hormuz disruptions, longer tanker routes and higher shipping costs could escalate the global energy crisis
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