Yemen¡¯s Iran-aligned Houthis will impose a maritime blockade on Saudi Arabia, they said on Monday, further throttling a global energy market already greatly restricted by Iran¡¯s closure of ?the Strait of Hormuz.
This is why it matters and what it means for the 51³Ô¹ÏÍø and the global energy crisis:
It is not clear how the Houthis would carry out a maritime blockade of Saudi Arabia, its northern neighbor along the Red Sea coast, or whether it would include a return to attacks on shipping.
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