Yemen’s Iran-backed Houthi rebels have announced a naval blockade against Saudi Arabia, marking a significant escalation in regional hostilities.
The group’s military spokesperson declared the measure on Monday, signaling a shift from targeted attacks to a broader maritime embargo following an exchange of fire between the two sides last week.
The declaration raises immediate concerns for global shipping and energy markets.
A blockade targeting Saudi Arabia’s extensive coastline could disrupt oil exports and commercial traffic through the Red Sea and the Gulf of Aden, key chokepoints for global energy supplies.
Traders are likely to monitor freight rates and insurance premiums closely as the risk of further disruptions to maritime logistics intensifies.
This development follows a period of heightened tension in the region, with the Houthis previously targeting commercial vessels in the Red Sea.