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Yemen's Houthis Issue Statement Regarding Saudi Arabia; Declares A Maritime Embargo Against Saudi Arabia

Jul 20, 2026 · 08:13 AM ET· updated 15h ago

- Reuters Citing Statement Yemen's Iran-aligned Houthis on Monday declared a naval blockade against Saudi Arabia, its military spokesperson said.

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Why It Matters

A military group declared they won't let ships trade freely with Saudi Arabia by sea. This matters because oil travels on ships, so any block could affect oil prices and companies that use oil.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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