Houthis Target Saudi Arabia
The Tehran-backed Houthi group warned it would impose an embargo on Saudi Arabia, the top oil exporter, after trading fire with the kingdom for the first time in years.
2Global Markets
Houthis in Yemen threaten to blockade Red Sea ports and embargo Saudi Arabia, compounding the turmoil caused by the US-Iran confrontation in the Strait of Hormuz.
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Key takeaways
The Tehran-backed Houthi group warned it would impose an embargo on Saudi Arabia, the top oil exporter, after trading fire with the kingdom for the first time in years.
2Houthis aim to broaden the impact of the US-Iran war by blockading Red Sea ports, targeting maritime traffic through the Bab el-Mandeb strait.
13Disruption in the Bab el-Mandeb could compound the existing turmoil caused by the US and Iran confrontation in the Strait of Hormuz.
3The episode also covers Donald Trump announcing 50% tariffs on Canadian goods, adding to global economic uncertainty.
4Ask GenPod next
“How does the Houthi blockade affect shipping costs?”
“What is the current status of the US-Iran war?”
“How do Canadian tariffs impact the US economy?”
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Sources and disclosure
The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight.
Houthis in Yemen are seeking to broaden the impact of the US-Iran war with a blockade of Red Sea ports.
The Tehran-backed group warned it would impose an "embargo" on the top oil exporter Saudi Arabia, after the two sides traded fire for the first time in years.
Disruption to maritime traffic through the Bab el-Mandeb could further compound the turmoil caused by the confrontation between the US and Iran in the Strait of Hormuz.
Also: Donald Trump announces 50% tariffs on Canadian goods.
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The social media influencers Andrew and Tristan Tate appear in court in the US in connection with new British rape and sex-trafficking-related charges.
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Get in touch: globalpodcast@bbc.co.uk Photo: Aramco tanks and oil pipe at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia Credit: REUTERS/Ahmed Jadallah/File Photo
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