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Houthis Target Israel, Risk Disruption to Global Oil Supply
3/29/2026
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Houthis Target Israel
- The Houthis have resumed missile attacks toward Israel, targeting military sites.
- The actions threaten the Bab el-Mandeb strait, a crucial shipping route for global energy supplies.
- Experts warn that escalation could disrupt oil shipments and push prices toward $150 per barrel.
- The Houthis' involvement could intensify the conflict, affecting regional stability and global markets, while U.S. negotiations with Iran continue with uncertain effectiveness.
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