Reuters
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Market Talk: 'Severe oil supply shortages' possible if Houthis block Red Sea
Posted
July 21, 2026
Views
9,198
Likes
142
Comments
30
Engagement
1.87%
July 21, 2026
9,198
142
30
1.87%
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5:28Now PlayingIran-allied Houthi rebels in Yemen announced a blockade of Saudi shipping through the Red Sea. Kpler analyst Muyu Xu said this raises fears of a sharp spike in global oil prices, as that route carries 90% of Saudi Arabia's oil output.
#News #Reuters #Newsfeed #Houthis #Yemen #SaudiArabia #RedSea #OilPrices #Iran #MuyuXu #Kpler #ShippingBlockade #OilMarket #BreakingNews #WorldNews #MiddleEast #EnergyCrisis #GlobalTrade #OilSupply #RedSeaBlockade #Geopolitics #CrudeOil #2026
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