Skip to content
Back to Guavy Wire
Commodities

Houthis Expand Naval Blockade Against Saudi Tankers

Instruments
Oil
Share

The Houthi rebels in Yemen have claimed an eighth attack on a Saudi-linked vessel, targeting an oil tanker in the northern Red Sea. According to their spokesperson, Yahya Saree, the group struck an MR product tanker called Wafa outside the Yanbu port complex on August 5. The report claims that the tanker was 'precise' and caused minimal damage.

However, experts question the accuracy of the Houthi's claims, pointing out that the reported attack would have occurred hundreds of kilometers from the declared blockade zone. The tanker in question had been dark since mid-July, with Windward AI speculating that it may have turned around after the Houthis announced their blockade on July 22.

The Houthi's continued attacks on Saudi-linked vessels aim to pressure Riyadh in peace talks for Yemen. Saree stated that the group will continue to work on the principle of 'a blockade for a blockade,' equating it to the U.S. blockade of Iran while targeting Saudi Arabia for its aggression in Yemen.

The Houthi's claims follow an earlier attack on a smaller, regional Saudi airport, Najran, which is located just north of the border with Yemen. Saree stated that this was in response to Saudi forces violating Yemen's airspace with drones.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc