Houthi Attacks Disrupt Global Oil Routes Through Bab el-Mandeb and Strait of Hormuz
Global oil transportation has been disrupted due to attacks on strategic maritime channels. The Bab el-Mandeb and Strait of Hormuz have seen significant disruption, with ship traffic through the former falling after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast.
The attack, which occurred on Sunday, was aimed at blocking Saudi exports and heightening tensions in the U.S.-Iran conflict. As a result, oil supply issues through the Strait of Hormuz have been exacerbated.
Despite the increased risk, oil tankers continue to navigate through these critical channels, underscoring their importance to global oil transportation.