Two Key Shipping Routes Are Blocked, Putting Saudi Oil Exports at Risk

Two Key Shipping Routes Are Blocked, Putting Saudi Oil Exports at Risk

Yemen's Houthi fighters attacked two Saudi ships in the Red Sea and turned back ten more, blocking a narrow shipping lane near the Arabian Peninsula. Saudi Arabia had already rerouted its oil through a pipeline to avoid a separate blockade by Iran. Now the Houthis threaten the port where that pipeline delivers oil — trapping Saudi exports between two blocked waterways.

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