Categories: Top Stories

Yemen’s Houthis announce ‘maritime embargo’ against Saudi Arabia


The Bab al-Mandab Strait, a 32km-wide (20-mile) waterway located between south-western Yemen and the Horn of Africa. It connects the Gulf of Aden with the Red Sea, which is linked to the Mediterranean by the Suez canal.

Soon after the start of the Gaza war in October 2023, the Houthis began attacking merchant vessels in the Red Sea and Gulf of Aden with missiles, drones and small boats, saying they were acting in support of the Palestinians.

Four ships were sunk, nine crew members were killed, and commercial traffic through Bab al-Mandab hit a record low as shipping companies rerouted their vessels around southern Africa.

Although the Houthis paused their attacks in response to the Gaza ceasefire last October, the number of transits through the strait has yet to return to previous levels, according to data from the International Monetary Fund.

In response to the situation in the Strait of Hormuz, Saudi Arabia has diverted more than 70% of its crude exports to the Red Sea port of Yanbu.

About 4 million barrels per day (bpd) have been shipped from there in recent weeks, compared with about 973,000 bpd a year earlier, according to data from Kpler and Signal Ocean.

Total petroleum volumes transiting Bab al-Mandab also rose to 7.4 million bpd in June, or about 7% of global output.

Mohammed Albasha of the US-based risk advisory firm Basha Report said it was not yet clear whether the Houthis would begin targeting vessels heading to Saudi Arabia.

“Even if no ships are attacked, the announcement alone is likely to disrupt shipping and create uncertainty for Saudi ports. Whether the Houthis move from threats to direct action remains the critical issue,” he told Reuters news agency.



Source link

gulftimes

Recent Posts

IVF staff accused of misleading UK parents about donors at northern Cyprus clinics

At least 30 children, most of them British, are feared to have been conceived by…

1 hour ago

Erin survived cancer aged 21 – now it’s a race against time for a chance of a baby

Nail technician Erin, who missed two years of work during her cancer treatment, also has…

11 hours ago

Qusra siege eases as UN reaches trapped families, but crisis deepens in Gaza

UN teams on the ground reached the families after they were confined to their homes…

21 hours ago

Ebola outbreak becomes deadliest in DR Congo’s history

According to local authorities, the disease has killed 2,325 people, surpassing the 2,299 deaths recorded…

21 hours ago

Trump envoy Kushner meets Hamas leader to push Gaza peace plan

Whilst in Egypt, Kushner also met Egyptian President Abdel Fattah al-Sisi. According to Israeli media…

2 days ago

First Person: Syrians lead efforts to clear rubble and rebuild lives

The conflict there killed hundreds of thousands of people, displaced millions, and caused severe damage…

2 days ago