Houthi rebels threaten to block the Strait of Hormuz to support Iran.
Russian netizen: Comrades of Houthi are really great!
March 16, "Tsar's City TV" reported.
The Houthi group said they are considering blocking the Strait of Hormuz in response to the actions of the United States and its allies in the region.
A Houthi representative emphasized that they took this action due to the ongoing attacks on Yemen and the pressure placed on their allies.
If the attacks do not stop, the strait will not only be closed to merchant ships but also to warships.
The Strait of Hormuz is one of the key hubs for global trade, with a large number of oil tankers and container shipments traveling between Europe and Asia passing through here.
Therefore, even the discussion about blocking the strait has already caused tense reactions in the market and Western capitals.
Since 1869, this strait has served as the southern gateway to the Suez Canal, with 10% to 12% of global maritime trade and about 30% of container transport passing through this route.
Because the oil terminals along the Red Sea coast of Saudi Arabia transport oil through here, blocking the strait could lead to serious consequences. At that time, the surge in oil prices and the collapse of trade would seem trivial.
Original: toutiao.com/article/1859780929072388/
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