‘These waters aren’t safe’: New oil supply fears as Houthis seize key island, Saudi pipeline attacked
- Posted on September 12, 2026
- By The Sydney Morning Herald
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- 1 min read
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‘These waters aren’t safe’: New oil supply fears as Houthis seize key island, Saudi pipeline attacked
If Yemen’s Houthis gain control of the Bab el-Mandeb Strait, their backer Iran could gain a critical advantage in its war with the US, reducing supplies through a second major corridor and further raising oil prices.