Story perspectives
Houthi capture closes Red Sea pipeline moving 4 million bpd
By Drooid · · How we work
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Story summary
- Houthi forces captured Bab al-Mandeb Strait, threatening Red Sea oil shipments.
- The main pipeline moving 4 million barrels daily to Red Sea ports closed after Houthi advance.
- Saudi oil production fell from 10.2 million to 6 million barrels per day since the war began.
- Crown Prince Mohammed bin Salman called President Donald Trump to request strikes; Trump declined.
- Crude prices rose above $110 per barrel, then hovered in the $90s during the Red Sea crisis.
