Houthi Move Threatens Global Oil Flow | Annapolis News

Houthi rebels, backed by Iran, are tightening their grip on the Red Sea’s vital Bab el-Mandeb Strait—already a critical oil bypass after disruptions in the Strait of Hormuz. With Saudi Arabia struggling to ship oil and global prices surging past $100 a barrel, the stakes are sky-high. Crown Prince Mohammed bin Salman has urged Trump for U.S. strikes, but the president declined—though intelligence support continues. Meanwhile, U.S.-Iran tensions flare: five Iranian tankers destroyed, Iran retaliates with missile strikes on a U.S. base in Jordan, causing minor damage but no casualties.

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