Bab al-Mandeb Disruptions Spark Regional Oil Volatility

Houthi threats to Saudi oil flows have disrupted traffic through the Bab al-Mandeb strait for the second straight week, according to Energy Intelligence data.

The strait is a critical chokepoint for crude and condensate trade in the region, with wider oil trade out of the area remaining highly volatile.

Energy Intelligence did not provide specific details on the extent of the disruption or any potential impact on global oil prices.