How Yemen’s Houthis Could Worsen the Oil Crunch

Source: Bloomberg Politics · Bias: Center

Summary

One thing that’s helped to limit the damage in oil markets since the Iran war largely shuttered the Strait of Hormuz is the availability of an alternative route for getting crude from Saudi Arabia to Asia: the Red Sea.

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How Yemen’s Houthis Could Worsen the Oil Crunch
Bloomberg Politics

How Yemen’s Houthis Could Worsen the Oil Crunch

Center

One thing that’s helped to limit the damage in oil markets since the Iran war largely shuttered the Strait of Hormuz is the availability of an alternative route for getting crude from Saudi Arabia to Asia: the Red Sea.