The stated reason for the blockade is that Saudi Arabia has imposed a siege on Yemen, rather than because of the war against Iran. This arguably easier to resolve than the Iran war.
As we’ve seen in the Persian Gulf, the ability to credibly threaten shipping in the Red Sea is probably enough to enforce a blockade.
Recently, about 7% of global oil exports have been through the Red Sea.
The widening gap between oil and gasoline prices is partly the result of Ukraine destroying Russian refining capacity; Russia has shifted toward exporting crude in place of refined products. That shift works to the extent that Russia is able to export crude, which is not news to Ukraine. Ukraine has been peppering a major Russian oil export facility, the CPC marine terminal, with drone attacks:
The felon-in-chief wants to impose up to 50% tariffs on a number of Canadian products. Presumably, those products don’t fall under NAFTA (or whatever we call it these days). That’s on top of the felon’s apparent intention to end the version of NAFTA he himself negotiated and signed during his first administration.
Icing on the Iran war cake? He must have enormous confidence in his ability to steal the mid-term elections if he’s willing to heap bad policy decision on top of bad policy decision.
Houthis have now said they intend to blockade Saudi Arabia’s Red Sea ports:
https://www.reuters.com/world/middle-east/us-launches-iran-strikes-ninth-day-another-american-confirmed-killed-2026-07-20/
The stated reason for the blockade is that Saudi Arabia has imposed a siege on Yemen, rather than because of the war against Iran. This arguably easier to resolve than the Iran war.
As we’ve seen in the Persian Gulf, the ability to credibly threaten shipping in the Red Sea is probably enough to enforce a blockade.
Recently, about 7% of global oil exports have been through the Red Sea.
The widening gap between oil and gasoline prices is partly the result of Ukraine destroying Russian refining capacity; Russia has shifted toward exporting crude in place of refined products. That shift works to the extent that Russia is able to export crude, which is not news to Ukraine. Ukraine has been peppering a major Russian oil export facility, the CPC marine terminal, with drone attacks:
https://www.cpc.ru/en/press/releases/2026/Pages/default.aspx
The felon-in-chief wants to impose up to 50% tariffs on a number of Canadian products. Presumably, those products don’t fall under NAFTA (or whatever we call it these days). That’s on top of the felon’s apparent intention to end the version of NAFTA he himself negotiated and signed during his first administration.
Icing on the Iran war cake? He must have enormous confidence in his ability to steal the mid-term elections if he’s willing to heap bad policy decision on top of bad policy decision.