The Saudis found an escape hatch for some of the world’s oil. The Houthis could slam it shut
- Posted on March 30, 2026
- By CNN
- 5 Views
The Saudis found an escape hatch for some of the world’s oil. The Houthis could slam it shut
Earlier this month, Saudi Arabia began diverting millions of barrels of crude – ordinarily flowing through the blockaded Strait of Hormuz – to its Red Sea port of Yanbu. But the entry of Iran-backed Houthi militants into the war threatens to sever even that oil lifeline.
