Iran's Houthi Allies Threaten to Block the Other Main Oil Route
Summary
Yemen's Houthi rebels, supported by Iran, have threatened to block the Bab el-Mandeb strait, a major oil shipping route, in response to a blockade on Yemen. This move could disrupt global oil supplies and worsen the current fuel crisis amid ongoing conflicts involving the U.S., Iran, and regional powers.Key Facts
- The Houthi rebels said they would start a naval blockade on the Bab el-Mandeb strait immediately.
- The Bab el-Mandeb strait connects the Red Sea to the Gulf of Aden and is a key route for global oil transport.
- Iran backs the Houthi rebels and has warned they might close the strait if U.S. attacks on Iranian targets continue.
- The U.S. and Iran have been conducting strikes against each other recently, increasing tensions.
- The Strait of Hormuz, another important oil route, is controlled by Iran, restricting about 20% of the world's oil and gas flow.
- Blocking Bab el-Mandeb could reduce global oil supplies by about 7%, causing economic and travel disruptions.
- The Houthi have previously attacked ships in the Red Sea, with attacks rising after the Israel-Hamas conflict began in 2023.
- Saudi Arabia has restricted Yemen’s air and sea access and is fighting to remove the Houthi from power.
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