Houthi forces now control Yemen's entire Red Sea coast, giving them leverage over the Bab el-Mandeb Strait—a chokepoint that once handled 9 million barrels of crude oil daily, roughly 9% of global demand.
Brent crude is pushing toward $110/barrel as markets price in disruption risk. If flows through this strait get cut or severely restricted, energy prices could spike further and ripple across global supply chains.
This isn't just a regional conflict anymore. It's a direct threat to oil supply routes that feed global markets. Watch energy stocks, inflation expectations, and how central banks might react if oil stays elevated.
Brent crude is pushing toward $110/barrel as markets price in disruption risk. If flows through this strait get cut or severely restricted, energy prices could spike further and ripple across global supply chains.
This isn't just a regional conflict anymore. It's a direct threat to oil supply routes that feed global markets. Watch energy stocks, inflation expectations, and how central banks might react if oil stays elevated.