Houthi Threats Give Oil Markets a ‘Two Chokepoint Problem’
Source: gCaptainPublished: July 22, 20260 views
Yemen's Houthi rebels have announced an embargo on Saudi exports, causing ships to turn away from the southern Red Sea. This area has become a lifeline for oil exports since the onset of the US-Israeli war with Iran. As a result, oil markets are facing a 'two chokepoint problem.'
Houthioil exportsBab el-Mandeb