#Houthi blockade

articles
Crude Oil Falls as Strait of Hormuz Flows Pick Up, Monthly Rally of 20% Endures
Energy

Crude Oil Falls as Strait of Hormuz Flows Pick Up, Monthly Rally of 20% Endures

Brent and WTI futures eased on Friday as tanker traffic through the Gulf chokepoint increased, but both benchmarks are s...

Aoife Keane 👁 27 💬 0
Saudi Arabia leads 14-nation naval force to secure Red Sea trade routes as oil pushes toward $90
Defense

Saudi Arabia leads 14-nation naval force to secure Red Sea trade routes as oil pushes toward $90

Saudi Arabia announced a 14-nation maritime defense coalition to protect Red Sea shipping from Houthi attacks, a move th...

Doron Avidan 👁 31 💬 0
Pentagon Says US War in Iran Has Cost $37.5 Billion as Oil Shipping Faces Houthi Blockade Threat
Energy

Pentagon Says US War in Iran Has Cost $37.5 Billion as Oil Shipping Faces Houthi Blockade Threat

Rising war costs and a Houthi naval blockade are disrupting tanker traffic through the Strait of Hormuz, putting oil pri...

Aoife Keane 👁 47 💬 0