Yemen's Maritime Gamble: A New Chapter in the Saudi Houthi Conflict The latest escalation in the conflict between the Houthis and Saudi Arabia has taken a dramatic turn with the Iranian backed group announcing a "maritime embargo" against its Gulf neighbor.
This move, not entirely unexpected given the recent uptick in tensions, marks a significant shift in the dynamics of the war torn region.
The Houthi's decision to close the Bab al Mandab Strait, the southern gateway to the Red Sea, is a calculated risk that could have far reaching consequences for global oil markets.