Houthi Red Sea Blockade Threat Escalates Iran-US Tensions, Threatening Oil Supply
Security

Houthi Red Sea Blockade Threat Escalates Iran-US Tensions, Threatening Oil Supply

Yemen's Iran-aligned Houthi rebels have declared a maritime blockade on Saudi Arabia, escalating regional tensions. A complete closure of the Bab el-Mandeb strait could disrupt 7% of global crude oil supply, raising concerns for the energy market.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.