Saudi Arabia is seeking to build an international coalition to protect Red Sea shipping after Yemen's Houthi movement announced a maritime blockade on the kingdom on July 20, targeting vessels and oil infrastructure. The Houthis have since launched missiles at Saudi tankers and oil facilities, while Saudi jets struck Houthi-held Hodeidah port.
The Houthi blockade aims to mimic Iran's strategy in the Strait of Hormuz, according to Yemen's internationally recognised government. The group demanded an end to Saudi Arabia's economic and air blockade on Houthi-controlled areas. Attacks have damaged oil complexes near Jazan, and satellite imagery shows extensive damage. Saudi Arabia has rerouted much of its oil exports through Red Sea ports after Hormuz was effectively closed in March.
Saudi Arabia faces threats from three directions: Houthi missiles from Yemen, drone attacks from pro-Iranian militias in Iraq, and renewed Iranian threats. The kingdom has stressed de-escalation with Gulf allies, but also carried out joint strikes with the US in Iraq. Pakistan, a strategic defense partner, condemned the attacks and warned of "lawful use of force" but faces a delicate balancing act given its ties with Iran.
The blockade has worsened Asia's energy crisis, with countries like Japan and South Korea scrambling for supply after Hormuz closure. War risk premiums for tankers have doubled, and shipping through Bab al-Mandeb has fallen sharply. Analysts warn that global reserve capacity is being stretched.
