Business & Economy · 1 views
The Houthis have opened a new front in the Middle East oil war that’s pushing up prices
A Red Sea crisis deepens as the Saudi East-West pipeline is shut down and the Houthis grab effective control of the strategic Bab al-Mandeb Strait.
AI Summary
The Red Sea crisis has intensified after the Saudi East‑West pipeline was shut down, disrupting a key oil transport route. Simultaneously, the Houthis have taken effective control of the strategic Bab al‑Mandeb Strait, further tightening pressure on regional oil flows.
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