Houthis ‘Gate of Tears’ threat deepens global inflation grief

On Monday (July 20), the Iran-backed Houthi rebels in Yemen announced they would impose a “maritime embargo” on Saudi Arabia, in what could mark a dangerous escalation in the ongoing conflict between the United States and Iran. The Houthis have indicated they plan to target Saudi Arabian vessels traveling through the Bab el-Mandeb Strait, also […]

The post Houthis ‘Gate of Tears’ threat deepens global inflation grief appeared first on Asia Times.