A New Threat by Yemen’s Houthis Could Widen the Iran War and Put Another Trade Chokepoint at Risk
The rebels say the move targets Saudi-linked vessels after recent attacks, and officials warn it could disrupt more than 7 million barrels a day.
- Yemen's Houthi rebels declared a blockade of the Bab el-Mandeb Strait against Saudi-linked shipping on Tuesday, targeting one of the world's most critical maritime chokepoints connecting the Red Sea to global trade routes.
- The rebels claim the closure retaliates against Saudi Arabia's blockade of Yemen and a recent strike on the airport in Sanaa earlier this month, the rebel-held capital.
- Around 12% of global trade passes through the Bab el-Mandeb Strait, with more than 7 million barrels of petroleum transiting the narrows in June, according to Atlantic Council analyst Allison Minor.
- President Donald Trump told reporters on Tuesday, "So far, it hasn't happened," while Saudi military spokesperson Maj. Gen. Turki al-Malki vowed to keep the strait open and deal with threats swiftly.
- Shippers rerouting around the Cape of Good Hope face one to two weeks of added voyage time and rising costs, while the blockade risks widening the Iran war and disrupting global oil supplies.
12 Articles
12 Articles
Second critical waterway threatened by Iran war
Yemen’s Iran-backed Houthis have announced a naval blockade against Saudi Arabia that would impact ships in Bab al-Mandab Strait, a key export route for the kingdom’s oil after the effective closure of the Strait of Hormuz. CNN’s Kristie Lu Stout explains how this could impact the already unstable global oil market amid the Iran War.
The Toronto Star
A new threat by Yemen’s Houthis could widen the Iran war and put another trade chokepoint at risk
CAIRO (AP) — A declared blockade of Saudi Arabia by Yemen's Houthi rebels has the potential to widen the Iran war and further disrupt global oil supplies and international trade.
Associated Press News
A new threat by Yemen's Houthis could widen the Iran war and put another trade chokepoint at risk
Yemen's Houthi rebels have declared a blockade on Saudi Arabia, potentially widening the Iran war and further disrupting global trade.
ed.nl
By threatening a blockade of the Red Sea, the Houthi rebels are shaking up the oil market again. If they make good on the threat, a new front will open in the struggle between Iran and the US.
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