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Houthis Seize Yemen's Red Sea Coast, Saudi Pipeline Hit
World

Houthis Seize Yemen's Red Sea Coast, Saudi Pipeline Hit

Houthi forces have taken control of Yemen's Red Sea coastline while Saudi Arabia has suspended its critical East-West oil pipeline after it was struck by drones launched from Iraq. Iraq's prime minister has condemned the attack and ordered an investigation. The pipeline, a key artery for Saudi oil exports, moves crude across the Arabian Peninsula to avoid the Strait of Hormuz.

MarketBab el-Mandeb Strait effectively closed by...?
Bab el-Mandeb Strait effectively closed by December 31?26% chance
Sources

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