Houthi attacks threaten Saudi Arabia’s oil lifeline
- Posted on July 23, 2026
- By Financial Times
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- 1 min read
Houthi militant attacks on commercial vessels traversing the Bab al-Mandab Strait are significantly disrupting global oil supply chains. Asian refineries face potential delays of up to one month in crude oil deliveries as shipping companies reroute tankers away from this critical maritime corridor. The geopolitical tensions are driving higher transportation costs and creating uncertainty in energy markets, compelling operators to seek alternative routes despite increased voyage times and expenses.
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