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Houthi Blockade Could Worsen an Already Fragile Oil Market

The New York Times

BusinessThe New York Times·Jul 21, 2026·1 min read

Houthi Blockade Could Worsen an Already Fragile Oil Market

With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil exports.

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