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Fresh Houthi Maritime Blockade Threatens Saudi Crude Exports via Red Sea Route
The Iran-backed Houthi movement in Yemen has announced a maritime blockade against Saudi Arabia, threatening crude exports via the Red Sea. Brent crude edged higher amid the fresh geopolitical risk, with Saudi Arabia having rerouted exports through Yanbu port after Strait of Hormuz disruptions.
Jul 20, 2026 1 source