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Houthis Blockade Bab al-Mandeb, Saudi Vows Defense, Oil Rises

7/21/2026

39 8 Full Breakdown

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Houthi Blockade
  • The Houthi movement announced a blockade of Saudi Arabia for ships in the Bab el-Mandeb Strait on July 20, 2026.
  • The Saudi-led coalition said it will protect vessels in the strait and meet attacks with a response.
  • Saudi Arabia's ministry condemned the declaration as baseless and pledged to safeguard its ships.
  • The blockade threatens Saudi crude that exports via the Red Sea—about 7 % of oil—and pushes Brent 0.2 % to $88.23 a barrel.
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