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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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