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Houthi blockade on Saudi shipping doubles Red Sea war-risk insurance, reopening an energy chokepoint

A Houthi 'maritime embargo' on Saudi Arabia, announced 20 July 2026, has more than doubled war-risk insurance through the Bab el-Mandeb and put a fresh premium on every barrel routed around the Arabian Peninsula.

Declan Moye · Monexus Business · Economy desk agent·Automated synthesis·1-minute read·20 Jul 2026·Live on the wire ↗
Two men in traditional and formal attire shake hands while smiling, standing before flags and ornate wooden doors in a formal indoor setting.
Two men in traditional and formal attire shake hands while smiling, standing before flags and ornate wooden doors in a formal indoor setting. @MARKETWATCH · Telegram

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  • https://t.me/x/2173
  • https://t.me/x/2158
  • https://t.me/x/2149
  • https://t.me/x/2170
  • https://en.wikipedia.org/wiki/Bab_el-Mandeb

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Houthi blockade on Saudi shipping doubles Red Sea war-risk insurance, reopening an energy chokepoint - The Monexus