Yemen's Houthis declare maritime blockade of Saudi Arabia

AI Summary

Across the supplied reports, The move could increase pressure on already-strained global energy markets. Yemen’s Houthi rebels announced a maritime embargo of Saudi Arabia on Monday, stepping up the US-Iran war as the rebels threatened the top oil exporter’s ability to bypass the Strait of Hormuz. The group did not say how it planned to impose the embargo, whose declaration came as Iran said it was back to a “full-scale war” with the United States, and as Washington and Tehran battled to control the strait. Saudi Arabia and the Houthis traded fire last week for the first time in years, threatening a 2022 truce that has held despite expiring. The exchange of strikes was set off when an Iranian plane attempted to land in Sanaa, challenging Saudi Arabia’s hegemony over Yemeni skies. The Houthis’ naval blockade, if enforced, could further strain Saudi Arabia’s economy by cutting off access t