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economicJul 20, 2026
Fresh threat to global oil supply: Saudi Arabia’s crude exports at risk as Yemen’s Houthis look to impose maritime blockade
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Fresh threat to global oil supply: Saudi Arabia’s crude exports at risk as Yemen’s Houthis look to impose maritime blockade
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- currentsapi(Mixed)By TOI Business Desk
After the Strait of Hormuz disruptions, a fresh threat to the world's oil supply has emerged with the Iran-backed Houthi movement in Yemen announcing a maritime blockade against Saudi Arabia. This has raised concerns over the movement of millions of barrels of crude oil that Saud…
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