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Houthi Blockade Could Worsen an Already Fragile Oil Market

With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil exports.

By 365 Breaking News Editorial Team 1 min read
Houthi Blockade Could Worsen an Already Fragile Oil Market

With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil exports.