- Yemen's Iran-aligned Houthis have declared a maritime embargo/blockade on Saudi Arabia, saying it's retaliation for a siege — a move that could escalate regional tensions.
- A full closure of the Bab el-Mandeb strait could stop Saudi oil exports to Asia and shave around 7% off global oil supply, risking wider energy and shipping disruption.
- It's unclear whether the Houthis will target ships directly, but the announcement alone is already creating uncertainty for Saudi ports and global trade.
The news, distilled into what matters.
Get the full experience in the app — topics, comments, and audio summaries.