Also known as: the Houthis · Iran-backed Houthi forces
Iran-backed militant group that has seized Red Sea territory, attacked Saudi energy infrastructure and shipping, and disrupted global oil flows.
News reports
Order a long-term news report on Houthi
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Joy Online
Oil prices rose on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of Hormuz and with Tehran asking the Houthi political and military organisation to stand ready to shut the Red Sea export route. …
Oil rises on intensifying US-Iran hostilities, threat of Red Sea closureJoy Online
… export flows would likely trigger another leg higher in oil prices,” said Phillip Nova analyst Priyanka Sachdeva. “Conversely, if barrels continue to move despite the military escalation, part of the current geopolitical premium could gradually fade.” Elsewhere, Yemen’s Houthi …
Oil hits one-month high as US, Iran step up attacks in Strait of HormuzEscalating Middle East conflicts risk sparking a broader regional war as world leaders gather for the UN General Assembly. The Iran-backed Houthi group has seized strategic Red Sea territory near the Bab al-Mandab Strait, a critical maritime chokepoint for global energy shipments, with officials doubtful Saudi Arabia can reverse the gains independently.
22 September 2026 · Joy Online →
Escalating Middle East conflicts risk sparking a broader regional war as world leaders gather for the UN General Assembly. The Iran-backed Houthi group has seized strategic Red Sea territory near the Bab al-Mandab Strait, a critical maritime chokepoint for global energy shipments, with officials doubtful Saudi Arabia can reverse the gains independently.
22 September 2026 · Joy Online →
Smoke and flames were seen near Riyadh's main airport on Saturday following overnight alerts from Saudi civil defence warning of potential aerial attacks in the capital and Al-Kharj, amid escalating Houthi strikes against Saudi Arabia since July.
19 September 2026 · Joy Online →
Brent crude and U.S. West Texas Intermediate futures declined on Thursday as reports that Saudi Arabia is offering extra crude cargoes through Oman eased concerns over supply disruptions following attacks on Saudi Arabia's East-West pipeline to the Red Sea.
17 September 2026 · Joy Online →
Brent crude futures rose 1.3% to $107.05 a barrel and U.S. West Texas Intermediate futures rose 1.51% to $102.92 a barrel as attacks on Saudi Arabian energy infrastructure left the East-West pipeline offline and Iran-backed Houthi forces launched fresh attacks on Saudi military targets.
15 September 2026 · Joy Online →
Brent crude futures held firm at $101.10 a barrel as Iran and the U.S. launched their largest attacks on shipping in their six-month-old conflict, with traders bracing for deeper supply disruptions. Oil flows through the Strait of Hormuz remain far below pre-war levels, and Brent prices have surged nearly 30% from early August lows as a permanent ceasefire agreement failed to materialize.
10 September 2026 · Joy Online →
Brent crude climbed past $100 a barrel on Wednesday, driven by fresh US-Iran strikes and continuing Houthi attacks on Saudi facilities and Red Sea tankers. The price reflects the highest level since the Iran-US ceasefire collapsed in late July.
9 September 2026 · Joy Online →
Brent crude fell $1.03 to $88 a barrel and U.S. WTI slipped $1.50 to $82.09 on Friday, despite rising Middle East tensions, as increased supplies flowed through the Strait of Hormuz and other maritime chokepoints. Both benchmarks are set to rise about 20% for the month.
31 July 2026 · Joy Online →
Brent crude fell 1.42% to $89.45 a barrel and U.S. WTI crude fell 0.66% to $83.90 a barrel on Thursday as tankers continued to move out of the Middle East despite escalating U.S.-Iran tensions. Shipping data showed 39 commodity ships passed through the Bab el-Mandeb strait into the Red Sea on Tuesday, the highest number since July 19, as traders found alternative routes around the largely blocked Strait of Hormuz.
30 July 2026 · Joy Online →
Brent crude oil rose more than 6% to over $100 per barrel on Thursday, its highest level in eight weeks, after Tehran-backed Houthi rebels claimed attacks on two Saudi oil tankers in the Red Sea and announced a naval blockade on the kingdom. The price surge reflects concerns over disruption to global supplies, as millions of barrels per day pass through the Bab el-Mandeb strait to reach global markets.
23 July 2026 · Joy Online →
President Trump threatened that the US would destroy Iranian bridges or power plants, including targets near Tehran, if attacks on ships in the Strait of Hormuz continue. The threat follows US strikes on Iran for the 11th consecutive night, with Iranian air defences activated and explosions reported in several cities including Tabriz, Chabahar, Konarak, and Bushehr.
22 July 2026 · Joy Online →
Brent crude rose 0.83% to $84.93 a barrel and WTI rose 1.03% to $79.76 a barrel on Friday as US-Iran hostilities escalated and Tehran asked the Houthis to prepare to shut the Red Sea export route, with both benchmarks climbing nearly 12% for the week.
17 July 2026 · Joy Online →
Oil prices rose nearly 3% on Tuesday to their highest in four weeks after the U.S. reimposed a naval blockade of Iran while the two countries stepped up attacks in the Strait of Hormuz, with Brent crude reaching $84.80 per barrel and U.S. West Texas Intermediate rising to $79.84. The escalation has injected fresh risk and uncertainty into energy markets.
14 July 2026 · Joy Online →