More shipping disruptions
From Mokha, which lies around 80 km north of Bab el-Mandeb, the Houthis have a stronger position to disrupt shipping, particularly targeting vessels travelling to and from Saudi Arabia, which is the world’s biggest crude exporter and a close U.S. ally.
Saudi Arabia has routed more oil to its Red Sea port of Yanbu after the effective closure of the Strait of Hormuz. But the Houthis declared a maritime blockade of Saudi Arabia on July 20 and began attacking Saudi shipping and energy infrastructure. Saudi crude exports have fallen to their lowest level in 13 years, with production dropping 23% from July to August…
Read the full article at TIME.COM
