Houthis, Saudis, Iran - and the Future of Middle Eastern Oil
18 Articles
18 Articles
Gulf-Eurasian energy crunch pushes Europe to the edge of an inflationary crisis
Gulf-Eurasian energy crunch pushes Europe to the edge of an inflationary crisis Submitted by Ilya Roubanis on Fri, 09/18/2026 - 17:18 Europe will be counting on luck as much as policy to face a mounting energy crisis fuelled by wars in Iran and Russia-Ukraine This photograph taken from Port-de-Bouc, southern France shows oil tankers in Martigues, on 25 March 2026 (Elodie Clement/AFP) Off Europe’s oil and gas supply is now disrupted by conflict…
The Islamic militia from Yemen controls the waterway between the Red and Arab seas, thus harming the oil exporter Saudi Arabia – and endangering shipping traffic between Europe and Asia.
They have been controlling Yemen's capital for years, shooting rockets at merchant ships and all the way to Israel. Now they are the masters of one of the most important waterways. How did they become so powerful?
They have been controlling Yemen's capital for years, shooting rockets at merchant ships and all the way to Israel. Now they are the masters of one of the most important waterways. How did they become so powerful?
They have been controlling Yemen's capital for years, shooting rockets at merchant ships and all the way to Israel. Now they are the masters of one of the most important waterways. How did they become so powerful?
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