Drooid Logo
Back to today’s briefing

Story perspectives

Houthi capture closes Red Sea pipeline moving 4 million bpd

By Drooid · · How we work

1 1 Full Breakdown

1 of 1

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.