Iran-backed Yemeni group, the Houthis, have threatened a maritime blockade on Saudi Arabia. What this essentially means is that Saudi Arabia’s crude oil exports are set to be hit. And India which gets a big portion of its crude imports from the Middle East country.
Iran-backed Yemeni group, the Houthis, have threatened a maritime blockade on Saudi Arabia. What this essentially means is that Saudi Arabia’s crude oil exports are set to be hit. And India which gets a big portion of its crude imports from the Middle East country.
<iframe src="https://hindustansphere.com/embed/cluster/31c9025d5e72a3ac1f13d668ba7616d69ab3414a" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Another oil shock loading for India? How Red Sea disruptions may hit Russian crude supply"></iframe>
