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The Economic Times
The Economic Times

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

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.

This is why it matters and what it means for ​the Iran war and the global energy crisis:

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