Houthis remove 6 Saudi ships from Bab el-Mandeb
The Houthi group announced that they forced six Saudi ships to leave the Bab al-Mandeb area over the past 24 hours, and issued a decree to global shipping companies to boycott dealing with Saudi vessels. The escalation has led to a more than 380% increase in maritime insurance costs, and the price of a barrel of Brent crude rose to $91, amid fears of disruptions to shipping traffic in the Red Sea. Additionally, the group announced a ban on maritime navigation related to Saudi Arabia, a move that further escalates the maritime crisis and tensions in the region.
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