Houthi Rebels Declare Maritime Embargo Against Saudi Arabia

Iran's Houthi allies in Yemen announced a maritime embargo against Saudi Arabia, prompting a slight increase in crude oil prices due to concerns over regional trade disruptions.

By Spencer Kimball · CNBC · July 20, 2026, 12:40 UTC

Houthi Rebels Declare Maritime Embargo Against Saudi Arabia

Topics: Bab el-Mandeb Strait Houthi rebels oil prices Saudi Arabia Yemen

Read the full article at CNBC

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