Houthis said they will impose a maritime blockade on Saudi Arabia, threatening Red Sea shipping routes used to export millions of barrels from the kingdom. The move raises immediate risk to crude supply flows and can increase Red Sea shipping disruption costs, likely pushing energy prices higher and adding supply-chain uncertainty for global trade.
Houthis said they will impose a maritime blockade on Saudi Arabia, threatening Red Sea shipping routes used to export millions of barrels from the kingdom. The move raises immediate risk to crude supply flows and can increase Red Sea shipping disruption costs, likely pushing energy prices higher and adding supply-chain uncertainty for global trade.
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