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Houthi Blockade Threatens Global Trade | Wilmington News
Houthi rebels strike two Saudi oil tankers in the Red Sea, igniting global trade fears as U.S. strikes on Iran intensify to protect shipping lanes. With 12% of world trade flowing through the Bab el-Mandeb Strait — now blockaded by the Houthis in retaliation for Saudi actions — tensions soar. The U.S. vows escalating retaliation, including threats to destroy Iranian infrastructure, while Iran dismisses warnings and retaliates by targeting Gulf energy facilities. Diplomatic efforts stall, fuel prices rise, and no peace in sight. Listen in comfort:Get a discount on a Soli Pillow…
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