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Houthi Red Sea blockade would lift oil prices, but workarounds could limit impact

Houthi Red Sea blockade would lift oil prices, but workarounds could limit impact

By Ahmad Ghaddar and Arathy Somasekhar LONDON/HOUSTON, July 20 (Reuters) - A successful effort by Yemen's Houthis to shut the Bab el-Mandeb Strait would strike at one of the world's most important oil shipping routes, potentially triggering a fresh surge in crude prices, disrupting fuel supplies and

Rubio says US still willing to negotiate over Iran crisis

Rubio says US still willing to negotiate over Iran crisis

DUBAI/MANILA, July 22 (Reuters) - U.S. Secretary of State Marco Rubio said on Wednesday the United States is still willing to negotiate an end to the Iran crisis but Tehran is not serious about talks, as the widening conflict disrupted two of the world's most critical energy chokepoints.

Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat

Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat

By Scott DiSavino NEW YORK, July 21 (Reuters) - Oil prices climbed about 2% on Tuesday to a five-week high, on worries that energy supply disruptions could worsen in the Middle East due to more attacks between the U.S. and Iran and a threatened naval blockade of Saudi Arabia by Yemen's Houthis.

A new threat by Yemen's Houthis could widen the Iran war and put another trade chokepoint at risk

A new threat by Yemen's Houthis could widen the Iran war and put another trade chokepoint at risk

Yemen's Houthi rebels have declared a blockade on Saudi Arabia, potentially widening the Iran war and further disrupting global trade

Oil Prices Surge Amid U.S.-Iran Tensions and Houthi Threats

Oil Prices Surge Amid U.S.-Iran Tensions and Houthi Threats

Oil Prices Surge Amid U.S.-Iran Tensions and Houthi Threats

Hormuz vessel crossings fall further as security concerns linger

Hormuz vessel crossings fall further as security concerns linger

SINGAPORE, July 22 (Reuters) - Vessel crossings via the Strait of Hormuz dropped further on Tuesday, shipping data showed, as security concerns lingered amid ongoing attacks by the United States and Iran.

U.S. and Pakistan condemn Houthi Red Sea threats to shipping and Saudi Arabia

U.S. and Pakistan condemn Houthi Red Sea threats to shipping and Saudi Arabia

The United States and Pakistan have rejected threats by Yemen’s Houthi rebels against Saudi Arabia and shipping in the Red Sea

Oil Prices Surge Amid US-Iran Tensions and Houthi Blockade Threats

Oil Prices Surge Amid US-Iran Tensions and Houthi Blockade Threats

Oil prices have risen to a five-week high due to escalating tensions between the U.S. and Iran, coupled with threats from Yemen's Houthi rebels to blockade Saudi Arabia. Brent crude futures increased by 2.4% to $91.34 per barrel, while U.S. West Texas Intermediate Crude rose by 2.2% to $85.03. The market is reacting to fears of further disruptions in the Middle East, a critical region for global oil supply. Recent U.S. military actions against Iranian targets and the Houthi threats have heightened concerns about energy security and trade routes, particularly in the Strait of Hormuz and the Red Sea.

Explainer-How a Houthi blockade in the Red Sea tightens Iran's grip on global energy supplies

Explainer-How a Houthi blockade in the Red Sea tightens Iran's grip on global energy supplies

July 20 (Reuters) - Yemen's Iran-aligned Houthis will impose a maritime blockade on Saudi Arabia, they said on Monday, further throttling a global energy market already greatly restricted by Iran's closure of the Strait of Hormuz.

Yemen's Houthis declare naval blockade against Saudi Arabia

Yemen's Houthis declare naval blockade against Saudi Arabia

By Nayera Abdallah and Timour Azhari DUBAI, July 20 (Reuters) - Yemen's Iran-aligned Houthis said on Monday they were imposing a naval blockade on Saudi Arabia, a move that threatens to escalate the conflict in the region and disrupt global energy supply and trade beyond the Gulf.