WS #12553
Houthis announce naval blockade on Saudi Arabia, threatening Red Sea oil shipments and escalating the US-Iran conflict's impact on global energy supply. Oil surges above $90/bbl (Brent) as US-Iran conflict and Houthi blockade threaten supply, pushing US Treasury yields higher on inflation fears and IMF flags India GDP risk. Israeli Finance Minister Smotrich says Israel has 'no interest' in joining the US military campaign against Iran, potentially limiting regional escalation.
Houthi Naval Blockade on Saudi Arabia
Houthis announce naval blockade on Saudi Arabia, threatening Red Sea oil shipments and escalating the US-Iran conflict's impact on global energy supply.
Oil surges above $90/bbl (Brent) as US-Iran conflict and Houthi blockade threaten supply, pushing US Treasury yields higher on inflation fears and IMF flags India GDP risk.
Israeli Finance Minister Smotrich says Israel has 'no interest' in joining the US military campaign against Iran, potentially limiting regional escalation.