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Houthi Naval Blockade on Saudi Arabia Raises Risks to Global Oil Supplies

Houthi forces have declared a naval blockade on Saudi Arabia in the Red Sea, causing Saudi crude tankers bound for Asia to reverse course. This escalation in the U.S.-Iran conflict threatens to disrupt global oil shipments and increase volatility in energy markets.
Date: 21.07.2026  |  Source: FOR-EX.NEWS

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21.07.2026
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