Tankers Sail Through Red Sea Despite Houthi Blockade

In an update, the authority urged residents to continue following Civil Defence instructions, avoid gathering in affected areas and refrain from filming.

As oil prices hit $100 a barrel on Thursday, experts say they are watching to see which vessels Yemen’s Houthis allow to pass through in the Red Sea as that will indicate how the crude market trends.

Chances that the strait's traffic flow is normal by July 2027 plummeted to 47% from nearly 70% in the past two days.

Yet, as Iran weaponizes its own geography and deters shippers from traveling the strait, the Trump administration is now facing a situation whereby one of its chief adversaries is holding global energy prices hostage.