Houthis Block Saudi Red Sea Shipping, Heightening Global Oil Supply Concerns
On 20 July 2026 the Yemen‑based Houthi movement announced a maritime blockade of Saudi Arabian shipping through the Red Sea, cit...
News About HOUTHIS
4 articles tagged HOUTHIS.
Houthis Announce Closure of Bab al-Mandab Strait to Saudi Shipping, Raising Global Trade Concerns
Yemen’s Iran‑aligned Houthi militia declared on Monday, 20 July 2026, that it would shut the Bab al‑Mandab Strait to Saudi v...
US Calls on UN to Condemn Irans Escalation of Houthi Support and Gulf Attacks
On July 13, 2026, the United States’ representative to the United Nations addressed the Security Council, demanding that Iran be...
Rand Weakens as Iran-US Escalation Drives Oil Prices Higher
The South African rand slid 0.5 % in Thursday’s afternoon session, a fall that mirrors the rising tensions between Iran and the ...