World

Red Sea Oil Blockade Worsens Crisis

Updated 2026-07-28 01:55 UTC 1 source Negative

The Houthi threat to Saudi oil exports is exacerbating an energy crisis in Asia. The strait of Hormuz remains a critical maritime chokepoint.

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The Guardian
The Houthi threat to Saudi oil exports comes as Japan, South Korea and the Philippines are still reeling from the closure of the strait of HormuzGovernments in Asia are scrambling to avoid their second major energy crisis in six months, as another maritime chokepoint in the Middle East fac
2026-07-28 01:37 UTC
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